Karachi: The Board of Directors of M/s Maqbool Textile Mills Limited has announced a significant change in its executive leadership. In a meeting held on March 10, 2025, the board approved the resignation of Mr. Muhammad Ehsanullah Khan from the position of Chief Financial Officer (CFO) and appointed Mr. Asim Majeed as the new CFO, effective immediately.

The company, which operates within the designated market category of textile manufacturing, stated that the necessary regulatory filing, specifically Form-9, will be submitted to the Securities and Exchange Commission of Pakistan to formalize the change in leadership.

According to information available from the Pakistan Stock Exchange (PSX), the transition comes as part of the company's ongoing efforts to streamline its financial operations and leadership structure.

The decision marks a new chapter for Maqbool Textile Mills Limited as Mr. Asim Majeed assumes his responsibilities with immediate effect. The company did not provide further details regarding the circumstances of Mr. Khan's resignation.