⚡ Flash Summary

Jahangir Siddiqui & Co. Ltd. (JSCL) has announced a change in management, effective December 1, 2025. Syed Ali Hasham has resigned from his position as Chief Financial Officer. Mr. Muhammad Babar Din, previously the Company Secretary, has been appointed as the new CFO. Mr. Waleed Bhatti has been appointed to take on the role of Company Secretary.

📌 Key Takeaways

• 📅 Effective December 1, 2025, there are management changes.
• ➡️ Syed Ali Hasham has resigned as Chief Financial Officer.
• 💼 Mr. Muhammad Babar Din, formerly Company Secretary, is now the CFO.
• 📜 Mr. Waleed Bhatti has been appointed as Company Secretary.
• 🏢 The changes were approved by the Board of Directors.
• 🤝 Transitions are through a Circular Resolution.
• ℹ️ TRE Certificate Holders of the Exchange will be informed.
• 👤 Asad Nasir, the Chief Executive Officer, signed the announcement.
• 📍 The company’s registered office is in Islamabad.
• 🌐 Company website: www.js.com

🎯 Investment Thesis

HOLD. The announcement has no direct impact on the company’s financials or investment thesis. Monitor the transition and any future announcements related to strategy or performance from the new CFO.