⚡ Flash Summary
Mehran Sugar Mills Limited (MRNS) announced the change of its Company Secretary, effective immediately. Mr. Ali Hassan has ceased to be the Company Secretary, and Mr. Najam ul Aqib has been appointed as his replacement. This announcement, dated December 4, 2025, was communicated to the Pakistan Stock Exchange Limited. The change represents an administrative update within the company.
📌 Key Takeaways
- 📝 Mehran Sugar Mills (MRNS) announced a change in Company Secretary.
- 📅 Effective date: Immediately as of December 4, 2025.
- 👤 Mr. Ali Hassan has ceased to be the Company Secretary.
- 👨💼 Mr. Najam ul Aqib has been appointed as the new Company Secretary.
- 🏢 The announcement was addressed to the General Manager of the Pakistan Stock Exchange Limited.
- 📍 The company’s address is Executive Tower, Dolmen City, Karachi.
- 📞 Contact number: (92-21) 35297814-17.
- 📧 Email address: msm@mehransugar.com.
- 🌐 Website: www.mehransugar.com.
- 💼 Muhammad Hanif Aziz is the Chief Financial Officer.
- 📄 The announcement is regarding an administrative change within the company.
- ℹ️ The change reflects internal restructuring.
🎯 Investment Thesis
Given that the announcement is merely an administrative update (change of Company Secretary), a HOLD recommendation is maintained. The change itself does not provide enough information to warrant a buy or sell decision. Further analysis of the company’s financial performance and strategic direction is required before making an investment decision. Price target remains unchanged with a medium-term horizon.
Disclaimer: AI-generated analysis. Not financial advice.