Karachi: J.K. Spinning Mills Limited has announced the passing of its Chairman, Jawed Anwar, who served as a Non-Executive Director. Mr. Anwar, who was a founding member of the company, passed away on Saturday, March 22, 2025. The company expressed condolences to his family and acknowledged his enduring contributions to the organization.

Mr. Anwar's leadership and vision were integral to J.K. Spinning Mills Limited, an entity involved in the textile sector, part of the designated market category. The company noted that his role was pivotal in shaping its direction and growth over the years. The board is set to address the resulting vacancy in compliance with legal requirements.

According to information available from the Pakistan Stock Exchange (PSX), J.K. Spinning Mills Limited has remained a significant player within its industry. The company has yet to announce a successor to Mr. Anwar, and the process to fill the board vacancy will proceed as per the stipulated regulations.

The loss of Mr. Anwar is felt deeply within the company and the broader business community, where his contributions and leadership were well recognized. J.K. Spinning Mills Limited has communicated the news to its stakeholders and members of the exchange, ensuring transparency during this period.