Karachi: Quetta Textile Mills Limited has announced the appointment of M/s Z.M.T & Company Chartered Accountant as the auditor for the fiscal year concluding on June 30, 2025. This development comes amid a backdrop of market fluctuations that have caught the attention of industry stakeholders.

According to information available from the Pakistan Stock Exchange (PSX), recent trading sessions have exhibited notable trends across various sectors. The market has observed a Big move in textile shares, while other industries have experienced a Minor move, signaling varied investor sentiment.

Quetta Textile Mills Limited's latest decision is a strategic move aimed at ensuring comprehensive financial oversight during a period marked by market unpredictability. The company has communicated this change to the TRE Certificate Holders of the Exchange, in line with regulatory requirements and to maintain transparency with its stakeholders.

Industry analysts remain focused on the evolving dynamics within the textile sector, categorized under the designated market category, as firms navigate through these challenging times. The appointment of a new auditor by Quetta Textile Mills Limited is viewed as a proactive measure in enhancing the company's financial governance framework.