AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Shifa International Hospitals Ltd. has issued a corrigendum to its 2024 annual report, clarifying inaccuracies in the documentation of its Board of Directors’ composition. The correction, dated October 14, 2024, specifically amends the categorization of certain directors and aims to rectify a misprint initially sent to shareholders on October 5, 2024.
The corrected statement now specifies that the Board comprises three independent directors, two executive directors, and six non-executive directors, including one female director. This update rectifies the earlier misclassification where Dr. Zeeshan Bin Ishtiaque, the Chief Executive Officer, was mistakenly listed under non-executive directors. He is correctly identified under the executive directors category along with Mr. Taimoor Shah.
According to information available from the Pakistan Stock Exchange (PSX), the error and subsequent correction do not impact the financial statements of the company for the fiscal year ended June 30, 2024. The details of the correction have been updated on the hospital’s website and are accessible via a QR code provided in the Notice of the Meeting and under the “Investor Relation – Financial Reports” section.
The hospital management has expressed regret for any inconvenience caused by this oversight and reassured stakeholders of their commitment to transparency and accuracy in corporate communications.