Faisalabad: The Board of Directors of Ashfaq Textile Mills Ltd. has scheduled an urgent meeting to address several key business matters. The meeting is set for June 30, 2025, in Faisalabad, with the agenda including the confirmation of minutes from the last board meeting, the election of a new Chief Executive Officer and Chairman, and any other business that may arise with the Chair's consent.

This announcement comes amid a closed period from June 22, 2025, to June 30, 2025, as stipulated under the regulations of the Code of Corporate Governance of the Exchange. Members of the Board of Directors and company executives have been informed accordingly.

According to information available from the Pakistan Stock Exchange (PSX), Ashfaq Textile Mills Ltd. falls under the textile sector, which is a significant component of the market. The company has requested that this information be circulated to the members of the exchange and the quotation department to ensure compliance and transparency.

The meeting's outcomes could have implications for the company's strategic direction, affecting stakeholders and investors, who will be keenly observing the developments.