Lahore: Mahmood Textile Mills Limited has announced a significant decision regarding its Board of Directors, setting the number of directors at eight for the forthcoming term. In a meeting held on December 27, 2025, the board, in accordance with Section 159 (1) of the Companies Act, 2017, finalized this decision. This resolution comes as the company prepares for its upcoming Extraordinary General Meeting (EOGM), where elections will be conducted for the new term spanning three years.

The current board will see several directors retiring at the end of January 2026, namely Khawaja Muhammad Ilyas, Khawaja Muhammad Younus, Khawaja Muhammad Muzaffar Iqbal, Mr. Muhammad Anees, Mst. Farrah Ilyas, Mr. Abdul Rehman Qureshi, and Mr. Muhammad Asghar.

According to information available from the Pakistan Stock Exchange (PSX), Mahmood Textile Mills Limited is actively positioning itself to ensure governance continuity and strategic oversight by electing a full roster of directors in the upcoming EOGM. The company operates within the designated market category of textile manufacturing, a critical sector in the region’s economy.

The planned adjustments to the board’s composition underscore Mahmood Textile Mills Limited’s commitment to maintaining a structured and effective governance framework as it navigates future opportunities and challenges in the textile industry.