Indus Motor Company Limited has officially informed the Pakistan Stock Exchange Limited of a significant change in its board composition. Mr. Victor Cheyi Lin has been appointed as the Alternate Director to Mr. Akihiro Murakami, with the change taking effect from April 1, 2024. This appointment follows the resignation of Mr. Yoshihiro Ikegame, who will step down from his position on the same date.

The company's announcement ensures that the TRE Certificate Holders of the exchange are updated regarding thiskey board-level appointment, reflecting Indus Motor Company's commitment to maintaining a strong and effective governance structure. Mr. Lin's appointment is anticipated to bring fresh perspectives and insights to the company, supporting its strategic direction and operational excellence.