Resignation and Appointment of Directors at LSE Capital Limited

Karachi: Following recent changes in leadership, LSE Capital Limited has announced the resignation of Mr. Aoun Muhammad from his role as Director, effective August 20, 2024. In his place, the Board of Directors has nominated Hafiz Muddasir Alam, pending approval from the Registrar Modaraba.

According to information available from the Pakistan Stock Exchange (PSX), Mr. Aoun Muhammad’s departure was formally announced to the Certificate Holders of the Exchange, marking a significant transition within the company’s leadership structure. The Board has acted swiftly to fill the vacancy by proposing Hafiz Muddasir Alam as the new Director.

This leadership change is part of the broader governance activities overseen by the PSX, ensuring that all regulatory requirements are met during such transitions. The approval process by the Registrar Modaraba is the next critical step for Hafiz Muddasir Alam to officially assume his role and contribute to the strategic direction of LSE Capital Limited.

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