Karachi, Colony Textile Mills Limited has officially disclosed that the company's Board of Directors, during their meeting convened on September 6, 2023, in Lahore, has determined the number of Directors to be elected in the forthcoming Election of Directors. While the precise details and information concerning this election will be shared at a later date, this initial step signifies the company's commitment to transparency and corporate governance.

Colony Textile Mills Limited has assured stakeholders and shareholders that any necessary information and updates related to the Election of Directors will be provided in due course. The company's management is dedicated to facilitating a smooth and well-informed election process.

Additionally, the company's announcement clarified that there is no other material information that requires immediate dissemination at this time. This update reassures investors and the financial community that there are no significant changes or developments affecting the company beyond the planned election process.

As Colony Textile Mills Limited prepares for its upcoming Election of Directors, stakeholders and shareholders are encouraged to stay tuned for further updates regarding the election procedures and nominees, ensuring that they have access to all pertinent information in the days to come.