Gharibwal Cement Limited announced that in a significant corporate reshuffle, the company has disclosed a change in its management, leading to the resignation of a key member from its Board of Directors. Mian Nazir Ahmed Peracha, serving as a Director, stepped down from his position effective February 2, 2024, marking a pivotal transition in the company's governance structure. The departure of Mian Nazir Ahmed Peracha is part of a broader management alteration that has also seen new appointments to the Board, effective from the same date.

This change in leadership is expected to bring a new direction to Gharibwal Cement Limited, as the company navigates through its future business strategies and operational challenges. The updated composition of the Board is anticipated to reinforce the company's commitment to growth and shareholder value, although the full impact of these changes remains to be seen.