Mughal Iron & Steel Industries Limited has announced the appointment of Mr. Qalbe Abbas as the new Head of Internal Auditor, effective February 27, 2024. This decision was made during the company's Board of Directors meeting held in Lahore. In addition to the new appointment, the company disclosed the revised composition of its Audit Committee.

The updated lineup now includes Mr. Abdul Rehman Qureshi serving as the Chairman of the committee, with Mirza Javed Iqbal and Mr. Shoaib Ahmad Khan as members. Qureshi and Khan hold positions as independent directors, while Iqbal serves as a non-executive director.