Lahore: The Board of Directors of Khalid Siraj Textile Mills Limited convened on Friday, March 21, 2025, at the company’s registered office in Lahore to determine key decisions for the firm’s future operations.
During the meeting, the directors, in accordance with Section 159(1) of the Companies Act, 2017, resolved to fix the number of directors to be elected at seven. This decision is set to be finalized during the upcoming Extraordinary General Meeting (EOGM), which has been scheduled for Monday, April 14, 2025, at 10:00 a.m. The meeting will take place at the company’s registered office located at 135-Upper Mall, Lahore.
The company has instructed the TRE Certificate Holders of the Exchange to be informed of these developments. According to information available from the Pakistan Stock Exchange (PSX), Khalid Siraj Textile Mills Limited is part of the textile sector, a significant component of the market.
The decisions made during the board meeting are crucial for the governance and strategic direction of Khalid Siraj Textile Mills Limited, as the appointment of directors plays a vital role in steering the company towards its objectives for the next three years.