December 29, 2025
THE DIRECTOR Corporate Supervision Department Company Law Division Securities & Exchange Commission of Pakistan NIC Building, Jinnah Avenue, Blue Area, Islamabad. | CHIEF LISTING OFFICER Listing Department Pakistan Stock Exchange Limited Stock Exchange Building, Stock Exchange Road, Karachi. |
Dear Concerns,
SUBJECT: INTIMATION OF SAD DEMISE OF CHAIRPERSON OF PSX'S BOARD OF DIRECTORSPakistan Stock Exchange Limited (PSX) regrets to inform the market participant that Dr. Shamshad Akhtar, Chairperson of PSX's Board of Directors passed away on Saturday, December 27, 2025 by the will of Almighty Allah.
PSX extends its deepest condolences to the bereaved family and prays for eternal peace for the departed soul, and strength and patience for her family, friends and colleagues. Dr. Shamshad Akhtar's exceptional professionalism, ethical leadership, and invaluable contributions to PSX shall always be remembered with great respect.
The casual vacancy so created on the Board shall be filled in due course, in accordance with applicable legal and regulatory requirements.
Your sincerely
DR. FAKHARA RIZWAN
Company Secretary