Towellers Limited has appointed Barrister Zahrah Sehr Vayani as its new Legal Advisor, effective September 22, 2026, following the cessation of Syed Shohrat Hussain Rizvi from the role.

Towellers Limited has informed the Pakistan Stock Exchange (PSX) about a change in the company’s legal advisory arrangement through a material information disclosure dated September 24, 2026.

According to the company’s notification, the Board of Directors passed a resolution appointing Barrister Zahrah Sehr Vayani, Advocate Supreme Court of Pakistan and Law Consultant, as the company’s Legal Advisor with effect from September 22, 2026.

The company also stated that Syed Shohrat Hussain Rizvi, Advocate High Court, ceased to serve as Legal Advisor with effect from September 10, 2026. The change was formally communicated to the stock exchange in accordance with applicable requirements under the Securities Act, 2015, the PSX Rule Book and relevant listing regulations.

The disclosure represents a corporate governance and administrative update for Towellers Limited. The company requested that the information be communicated to the TRE Certificate Holders of the exchange.

The notification was signed by M. Farhan Adil, Company Secretary, Towellers Limited, and was issued from the company’s Karachi office.

The announcement does not provide further details regarding the reasons for the change or outline any specific legal matters that will be handled by the newly appointed advisor. Therefore, the disclosure should primarily be viewed as a formal notification of a change in the company’s legal advisory appointment.

Key Points:

  • Company: Towellers Limited
  • Announcement date: September 24, 2026
  • New Legal Advisor: Barrister Zahrah Sehr Vayani, Advocate Supreme Court of Pakistan & Law Consultant
  • New appointment effective: September 22, 2026
  • Former Legal Advisor: Syed Shohrat Hussain Rizvi, Advocate High Court
  • Former advisor’s cessation: September 10, 2026
  • Exchange: Pakistan Stock Exchange (PSX)

This change adds a new legal advisor to Towellers Limited’s corporate structure and has been formally disclosed to the market in line with the company’s regulatory reporting obligations.