Karachi: Kohat Textile Mills Limited has announced the resignation of Mr. Osman Saifullah Khan from its Board of Directors, effective February 04, 2025. The company is set to address the casual vacancy on the board in due course.

The resignation was officially communicated to the market, with Kohat Textile Mills Limited urging the notification of TRE Certificate Holders of the Exchange. According to information available from the Pakistan Stock Exchange (PSX), the textile industry has been navigating a challenging market environment, making leadership roles crucial for steering the company forward.

The Board of Directors is expected to appoint a suitable replacement to ensure continued strategic direction and governance. Kohat Textile Mills Limited operates within the textile manufacturing sector, a designated market category known for being highly competitive and vital to the country's economy.

As the company prepares to fill the vacancy left by Mr. Khan's departure, stakeholders and investors will be keenly observing how this change may influence future corporate strategies and performance within the textile sector.