
Mr. Muhammad Omar Amin Bawany serves as Chairman of the Board & Non-Executive Director. He has been associated with the Company since November 1981, assumed the role of Vice Chairman in April 2007, and has been serving as Chairman since March 2016.He also serves as a Director on the Boards of BF Modaraba, Reliance Insurance Company Ltd. and Unicol Ltd. Mr. Bawany has rich corporate experience and has successfully led Annoor Textile Mills Ltd. and Arafat Woolen Mills as Chief Executive Officer. He is actively engaged in philanthropic and welfare initiatives. He is the Chairman of – World Memon Foundation, Trustee in – Memon Hospital Karachi, Trustee in – Begum Aisha Bawany Trust since 1997 and Managing Trustee in – Begum Aisha Bawany Taleem-ul-Quran Trust since 2016 He completed his education at Karachi American School and later obtained an Associate Degree from the American College of Switzerland in 1977.

Mr. Ahmed Ali Bawany is the Chief Executive Officer of Faran Sugar Mills Limited. He has been a member of the Board since 1995 and as the Chief Executive Officer since April 2007. Beside Faran Sugar Mills, He is actively involved in Unicol Limited- joint venture project engaged in the production and marketing of refined sugar, ethanol and food grade CO2 in the capacity of executive director representing Faran Sugar Mills Limited. He is also a director of Reliance Insurance Co. Ltd., UniEnergy, and serves as Chairman of BF Modaraba. He has served as Chairman – Pakistan Sugar Mills Association (Sindh Zone) in 2014. He completed his schooling from CAS, Karachi, and holds a Degree in Business Entrepreneurship from the University of Southern California, USA.

Mr. Bilal Omar Bawany is the Executive Director of Faran Sugar Mills and has been a member of the Board of Directors since 2015 . Since joining the company in 2010, he has played a pivotal role in strengthening the company’s technical and operational capabilities, driving efficiency, process automation, and capacity expansion. Besides Faran Sugar Mills , Mr Bilal also serves as the Chief Executive Officer of B.F. Modaraba. He is also a member of the Board of Directors at UniEnergy. He brings with him a wealth of professional experience and expertise having held key positions in companies across Abu Dhabi, Scotland and Pakistan, including leading companies like Baker Hughes and Avanceon. Mr. Bilal graduated from the American University of Sharjah, having earned a Bachelors in Electrical Engineering with honors, and later pursued an MBA from IBA. In his quest for continual education he has completed 2 years of Dirasaat course from Wifaq ul Madaris Al Arabia, Pakistan, which also covers Islamic Finance and its principles.

Mr. Mohammed Altamash Bawany is serving as a Non-Executive Director of Faran Sugar Mills Limited, having joined the Board in March 2016. Mr. Altamash brings with him strong technical and professional expertise gained through his association with KS&EW under the Ministry of Defense, Pakistan, where he acquired valuable hands-on experience in mechanical design and manufacturing. He has also been actively involved in multiple large-scale projects in the U.A.E., with a particular focus on emerging technologies and disruptive innovation. As a founding member and Business Development Manager at one of the region’s promising technology startups in the Middle East, he has further strengthened his capabilities in strategic consulting, business development, and growth-oriented planning, contributing meaningful insights at both operational and strategic levels. He holds a Bachelor of Science in Mechanical Engineering from the American University in Dubai, with academic exposure at Georgia Institute of Technology, USA.

Mr. Irfan Zakaria Bawany serves as a Non-Executive Director of the Company and has been associated with the Board since March 2013. During his tenure, he also served as an Independent Director from March 2013 to March 2022. He was re-elected as a Non-Executive Director in March 2022 for a tenure of three years, reflecting the Board’s continued confidence in his experience and contribution. Mr. Bawany has extensive and diversified professional experience across multiple industries. He has been serving as a Non-Executive Director of Reliance Insurance Company Limited since 1991 and is the Chief Executive Officer of Anam Fabrics (Pvt.) Limited. Previously, he served on the Board of Pioneer Cables Limited from 1983 to 1991. His professional expertise spans electrical cable manufacturing and the textile made-ups business, bringing valuable strategic insight and industry knowledge to the Board. He holds a Bachelor of Business Administration (Accounting) degree from the University of Houston, USA, and is a Fellow Member of the Texas Society of Certified Public Accountants. He is also a Certified Director from the Pakistan Institute of Corporate Governance (PICG).

Mr. Ahmad Ghulamhussain serves as an Independent Director of Faran Sugar Mills Limited, a position held since March 2019. He is also the chairman of Audit and the Human Resource and Remuneration Committee. He is presently the Chief Executive Officer – Agro Processors and Atmospheric Gases Ltd. (APAG). He played a key role in launching “Soya Supreme” (1991) and later diversified the business into sauces under the SMART brand. Earlier in his career, he worked at the City Economic Development Office, Los Angeles, under the Mayor of Los Angeles gaining valuable public-sector exposure. He has served as President – Rotary Club Sunset Millennium, Karachi, Assistant Governor – Rotary District, Director – Aga Khan Education Services Pakistan (6 years) and Director – Focus Humanitarian Assistance (4 years), reflecting his strong commitment to community and development work. He holds a Bachelor’s Degree in Economics and a Master’s in Public Administration (MPA) from the University of Southern California, USA.

Mr. Dawood E. Bawany serves on the Board of Faran Sugar Mills Limited as a Non-Executive Director, rejoining the Board in March 2025. He has a long affiliation with the Company, having joined as Executive Director in 1983, a role in which he made valuable contributions through the mid-1990. Mr. Bawany brings extensive and diversified experience in management and industry. He has served as CEO and Chairman – Bawany Sugar Mills Ltd., and has also held directorships at Annoor Textile Mills Ltd. and B.F. Modaraba. He is a Trustee – Begum Aisha Bawany Educational Trust, reflecting his devotion to social and educational development. He received early education at Emanuel School, London, and completed B.Sc. (Economics) – Accounting & Financial Management from the University of Buckingham, UK.

Mr. Matiuddin Siddiqui serves on the Board of Faran Sugar Mills Limited as an Independent Director, having joined the Board in November 2025 to fill the casual vacancy arising from the resignation of Mr. Khurram Aftab. Mr. Siddiqui brings over three decades of professional experience in accountancy and finance. He is currently serving as the Head of Accounts & Finance at National Investment Trust Limited, where he is responsible for overseeing financial management, reporting, and governance-related functions. His extensive expertise enables him to contribute effectively to financial oversight and strategic decision-making at the Board level. He holds a Master’s degree in Commerce from the University of Karachi and is a Certified Director from the Institute of Cost and Management Accountants of Pakistan (ICMAP).

Ms. Tasneem Yusuf serves as Independent Director & Female Director, joining the Board in March 2022. Her diverse professional experience includes senior positions at Unilever Pakistan, Deloitte, and Nasdaq Dubai. Since 2009, she has been associated with her family firm, currently heading the Audit & Assurance Division. She is on the Boards of Reliance Insurance Co. Ltd., Ismail Industries (Pvt.) Ltd., B.F. Modaraba, Trading Corporation of Pakistan (Pvt.) Ltd., and Pakistan Industrial Development Corporation. She is a Chartered Accountant (ICAP), FCCA, CPA, and a Certified Director – Pakistan Institute of Corporate Governance (PICG).
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We believe in relentless commitment to continuous improvement and encourage ideas from all stakeholders. For this, we define quality, as understanding the customers expectation
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We are committed to excellence in all spheres of performance and have firm belief that our core values emerges from satisfying our customers needs of quality management.
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Our philosophy is to create a congenial working environment where dignity and value of the personnel is considered as top responsibility. We focus on encouraging and empowering employees to contribute to the company’s success.
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Managerial and professional competence is vital for our success, therefore we value leadership qualities coupled with drive to challenge the status quo.
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We constantly strive to establish and maintain highest professional and ethical standards and strongly believe
that honesty, ethical behaviour and integrity are the land mark of our success. Choosing the course of the
highest integrity has
always been our intent.
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We have developed an attitude to successfully discharge our responsibilities to maximize returns to our stakeholders by constantly meeting their expectations.
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High Performance team can accomplish what individuals can not. Therefore we strive to develop a team of professionals having relevant specialization in respective domain.
Our focus on finding every opportunity which reduces cost while improving operations based on ethical conduct remains crucial to our continued success. Company’s code of conduct set out the minimum standards expected from the entire team. By this we are able to maintain excellent eminence amongst all of business partners in a professional manner. We have a firm conviction that employees have an obligation to themselves and to the company to raise any matter of business conduct or ethics which cause concern. No one is allowed to commit an illegal or unethical act. In general we treat our personnel as company’s ambassadors to all our stakeholders therefore expected to promote the company’s best interest maintaining integrity and confidentiality in all dealings. Business ethics help protect both the employees and the company from unfounded indictment of pretext or deception and fraud. Further ensures, any fraud that has or might have taken place, must be properly investigated and dealt within a timely manner.
The company activities & operations are carried out in strict compliance of all applicable laws & highest ethical standards. While dealing with stakeholders, the company is strictly prohibited to be engaged, directly or indirectly, in anyn malpractices. Corporate funds and assets will be utilized solely for the company’s objectives in a lawful manner. We will support a precautionary approach to environmental challenges and within the company’s sphere of influence, undertake initiatives to promote greater environmental safety and encourage the development and diffusion of environmental friendly technology. Employees are expected to safeguard confidential information and must not without authority; disclose such information about company activities to any outside source that are not entitled to such information. Any dealings between staff and outside organization in which they have a direct, indirect or family connection must be fully disclosed to the management. We will not discriminate against any employee for any reason such as race, religion, political conviction or gender, and will treat everyone with full dignity and with respect for their private lives. Any violation of this conduct shall be promptly reported to the management by any employee having knowledge thereof.
“The benefits of a corporate social responsibility program are clear: higher productivity among employees,enhanced reputation in the marketplace, more robust communities and successful businesses contributing to the strength of the economy”.
At Faran Sugar Mills Limited (FSML), we recognize that corporate social responsibility (CSR) strengthens communities, enhances employee productivity, and reinforces the Company’s reputation while contributing to sustainable business growth. Our CSR initiatives focus on health, education, environment, sports, and community welfare, ensuring tangible benefits for our employees, their families, and the surrounding communities.
FSML is committed to improving literacy in the vicinity of its mills. The Company operates a secondary school in Sheikh Bhirkio, providing quality education to over 565 students. As part of its inclusive education policy, need-based scholarships are offered, enabling approximately 10% of students to study free of cost, while children of FSML employees benefit from subsidized fee arrangements. To further strengthen the quality, governance, and outreach of this educational initiative, FSML has entered into a Memorandum of Understanding (MoU) with The Citizens Foundation (TCF), under which the management of the school has been transitioned to TCF. This collaboration is aimed at leveraging TCF’s proven expertise in efficient school management, enhanced academic resources, and structured learning systems, while also expanding the school’s reach to educate a larger number of students than previously possible. These initiatives reflect FSML’s continued focus on sustainable social development and community empowerment through education.
FSML places a strong emphasis on healthcare and well-being. Medical facilities are provided through multiple channels: Mill Dispensary: Open every day (24/7 during crushing season), serving an average of 100 patients daily, with 90–95% being employees and their families, and 5–10% from nearby villages. Ambulance Service: A fully equipped ambulance is available 24/7 at the staff colony. Hepatitis B & C Screening: Regular testing is conducted for employees, their families, and contractor labor, with vaccinations and treatment provided as needed. Employees’ Children: All children enrolled at FSML School receive vaccination and routine medical check-ups.
Additionally, FSML organizes free medical camps in various locations. These camps provide consultations with specialist doctors and free medicines, helping improve access to healthcare for surrounding communities. FSML uses bagasse exclusively as fuel in the mill, eliminating reliance on fossil fuels and reducing greenhouse gas emissions, thereby contributing to a cleaner environment. In addition, solar tube wells are promoted among farmers in our operational areas, supporting sustainable agriculture and reducing dependence on conventional energy sources.
FSML encourages physical activity and healthy lifestyles among its employees and their families. Every year, sports tournaments are organized, during which teams are formed from each department to compete in various games, including cricket, volleyball, badminton, tug of war, and races, fostering teamwork and employee engagement. The Company provides modern recreational facilities through officers’ and workers’ clubs, featuring playgrounds, floodlit courts, and indoor games such as snooker and table tennis. These annual tournaments culminate in prize distribution ceremonies to recognize participation, performance, and dedication, reinforcing a culture of healthy competition and camaraderie.
FSML also extends its support to employees and the wider community through practical initiatives. Transportation and housing facilities are provided, with buses operating along routes from Hyderabad, Tando Allahyar, Matli, and Talaar to ensure safe and convenient commuting for staff further reinforcing FSML’s role as a responsible and supportive community partner.