Towellers Limited Appoints New Legal Advisor

Lahore: Towellers Limited has announced a significant change in its legal advisory team, appointing Barrister Zahrah Sehr Vayani as the new legal advisor. The decision, made by the company's Board of Directors, was disclosed in a report dated September 24, 2026, in compliance with the applicable provisions of the Securities Act, 2015, the Rule Book of the Pakistan Stock Exchange (PSX), and relevant listing regulations.

The appointment of Barrister Vayani, an Advocate at the Supreme Court of Pakistan and Law Consultant, is effective from September 22, 2026. Her predecessor, Syed Shohrat Hussain Rizvi, an Advocate at the High Court, officially ended his tenure as the company's legal advisor on September 10, 2026.

According to information available from the Pakistan Stock Exchange (PSX), the change in legal advisory was communicated to ensure transparency and adherence to regulatory obligations. Towellers Limited advised the TRE Certificate Holders of the Exchange about this development, underscoring its commitment to maintaining compliance with all statutory requirements.

This transition marks a new chapter for Towellers Limited as it continues to navigate the complexities of corporate governance and legal oversight in the market.