Adam Sugar Mills Limited Announces Board Reconstitution and Committee Restructuring

Karachi, Adam Sugar Mills Limited disclosed significant changes to its board of directors and committee structures, effective from their meeting on April 29, 2024. The company announced the resignation of Mrs. Nabiah Qamar Adam from the directorship. Concurrently, Mr. Salim Parekh has been appointed as an Independent Director.

Additionally, the meeting led to the reconstitution of the Audit and Human Resources & Remuneration Committees. The new Audit Committee will be chaired by Mr. Salim Parekh, with Mr. Junaid G. Adam, Mrs. Sara Adam, and Mr. Qamar Rafi Khan (Secretary) serving as members. The Human Resources & Remuneration Committee will also be chaired by Mr. Parekh, with members including Mr. Junaid G. Adam, Mr. Omer G. Adam, and Mr. Qamar Rafi Khan as Secretary.