⚡ Flash Summary

Al-Abbas Sugar Mills Limited announced the resignation of Mr. Muhammad Siddiq Khokhar from the Board of Directors, effective immediately. The company plans to fill the resulting vacancy within the stipulated time frame. This change in board composition might introduce some uncertainty, but the company’s commitment to quickly filling the position suggests a focus on maintaining governance stability. The announcement was made on October 21, 2025, and communicated to the Pakistan Stock Exchange.

📌 Key Takeaways

• 👨‍💼 Mr. Muhammad Siddiq Khokhar has resigned from the Board of Directors.
• 📅 The resignation is effective immediately as of October 21, 2025.
• 🏢 Al-Abbas Sugar Mills Limited made the announcement.
• 🇵🇰 The announcement was made to the Pakistan Stock Exchange.
• ⏱️ The company plans to fill the vacancy within a stipulated timeframe.
• 📜 The company informed the TRE certificate holders of the Exchange accordingly.
• ✉️ The announcement was addressed to the General Manager, Pakistan Stock Exchange Limited.
• 🏢 The company’s registered office is located at Stock Exchange Building, Stock Exchange Road, Karachi.
• 🏢 C.C. was sent to Director / HOD, Securities and Exchange Commission of Pakistan (SECP), Islamabad.
• 🏢 C.C. was also sent to Mr. Sohail Qadri, Director / HOD, Adjudication Department – I, Securities and Exchange Commission of Pakistan (SECP), Islamabad.

🎯 Investment Thesis

HOLD. The director’s resignation is not a fundamental shift in the company’s operations or financials. Monitor the appointment of the new director to assess the long-term impact.