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Credit of unpaid rights

“In connection with Aisha Steel Mills Limited Right Issue announcement, unpaid Rights @ 20% were credited by the CDC in Book Entry Form on 18th May 2017 in the respective accounts of the ordinary / preference CDS shareholders (ASL, ASLPS, ASLCPS) whose names appeared in the Register of Members at the close of the business on Monday, 15th May 2017.

Letters of Right (LoR) to physical shareholders are dispatched on 22nd May 2017.”

Please find attached other pertinent dates

Key Management


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Dr. Munir Ahmed – Chief Executive Officer

Dr. Munir gained a B.E (Metallurgy) degree in 1978 from Dawood College of Engineering & Technology Karachi, MS (Metallurgy) in 1982 and a Ph.D. (Metallurgy) in 1985 from Institute of Material Science, University of Connecticut, USA.


He holds 36 years rich experience in progressively senior positions. Prior joining Aisha Steel Mills he was associated with People Steel Mills as Managing Director and also heading EPRF (ENAR Petroleum Refining Facilities). He was associated with Peoples Steel Mills Ltd. for the last 15 years in different roles including General Manager (Project/BMR), General Manager (Operations), Director Operations and lastly as Managing Director.


Dr. Munir was Member (Industrial Project) in Dr. A.Q. Khan Research Laboratories from June 2009 to June 2014, and also contributed as Chief Scientist from 2002 to 2009.


Dr. Munir Ahmed contributed significantly in the field of Metallurgy and Material Engineering through his researches & publications. Till date he has published 45 articles in Journals and proceedings of International repute. He was also invited by University of Connecticut, USA in June 1989 as a Visiting Scientist to carry out research in the field of thin film superconductors. He was honored with Special Creativity award by National Science Foundation, USA, on the basis of “exceptional creativity” shown in research work on surface modification. He was also awarded Sitara-e-Imtiaz by the Govt. of Pakistan for his contribution in the field of Metallurgy.



Mr. Tahir Iqbal – Chief Financial Officer & Company Secretary

Mr. Iqbal is an Associate Member of ICMAP, having nine years of experience in finance, accounting, taxation, corporate affairs, risk management, audit/assurance coupled with general management experience. Prior to joining ASML, he was working as the CFO & Company Secretary of Arif Habib Corporation Ltd for six years. He also serves on the boards of Real Estate Modaraba Management Company Ltd and S.K.M Lanka Holdings (Pvt.) Ltd (Arif Habib Group company incorporated in Sri Lanka).



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Mr. Khawar A Siddiqui – General Manager Sales & Marketing

Mr. Khawar A Siddiqui has 22 years of rich experience in the field of Sales & Marketing. He has done his MBA Marketing from WIU, Arizona; USA. He holds membership of AMIM, UK; MITA, USA and MAP, Pakistan. He was also member of Think Tank Committee of IEP, Karachi.


Mr. Khawar joined ASML in June’15. He previously worked for a multinational company Future Pipe Industries LLC, Dubai and developed the market of Fiberglass products in Pakistan, Afghanistan, Bangladesh & Srilanka. He has been associated with Crescent Steel & Allied Products Ltd for 15 years; selling steel products in Oil, Gas & infrastructure sectors of Pakistan.




Ms. Hina Akhtar – Deputy General Manager Human Resources

Ms. Hina Akhtar holds 19 years of experience in the field of Human Resource Management. She is currently associated as Deputy General Manger Human Resources. She started her Professional Career from Hino Pak Motors in 1995 and in 2008 she got opportunity to work as Director HR & Operations in Kalsoft Limited.


Ms. Hina joined ASML in 2012. She holds Master’s Degree in Business Administration from Adamson University, Manila Philippines. Her academic achievement comprises of being awarded Gold Medal in intermediate program.