Buxly Paints Limited Announced Executive Changes and approved these changes: Resignation of Mr. Bashir Ahmed: The Board approved Mr. Bashir Ahmed's resignation as a Director of the Board of Directors, effective August 01, 2023. Appointment of Mr. Adnan Iqbal as Executive Director: The appointment of Mr. Adnan Iqbal as Executive Director and as a Director on the Board of Directors, replacing Mr. Bashir Ahmed, was approved, effective from August 01, 2023, for the remaining period of the term. Appointment of Mr. Shamshad Ali as Chairman: Mr. Shamshad Ali's appointment as Chairman of the Board of Directors, effective from August 01, 2023, for the remaining period of the term, was approved.

The Board also granted the Chairman the authority to determine the remuneration of the CEO and Executive Director.