Multan: Mahmood Textile Mills Limited has announced the candidates for the election of its board of directors, scheduled to take place at an extraordinary general meeting on January 31, 2026. In accordance with section 159(4) of the Companies Act, 2017, the company has received notices from eight individuals declaring their intent to contest for the positions.
The candidates vying for the board positions are Khawaja Muhammad Ilyas, Khawaja Muhammad Younus, Khawaja Muhammad Muzaffar Iqbal, Mr. Muhammad Anees, Mr. Muhammad Mehr Ali, Mr. Muhammad Asghar, Ms. Filza Mumtaz, and Mr. Fareed Ahmed Khan. The notices were published in today’s newspapers.
The meeting is set to commence at 11:00 A.M. at the company’s head office, Mehr Manzil, located at Lohari Gate, Multan. This announcement comes as part of the company’s compliance with statutory requirements, ensuring transparency and adherence to corporate governance standards.
According to information available from the Pakistan Stock Exchange (PSX), the number of individuals who have stepped forward to be elected matches the number of director positions available, as stipulated under section 159(1) of the Companies Act, 2017. Consequently, the aforementioned eight individuals will be considered elected as directors of Mahmood Textile Mills Limited for a term of three years.
This development marks a routine yet crucial step in the company’s corporate governance, ensuring the continuity of strategic oversight and leadership at Mahmood Textile Mills Limited.