Lahore: Shams Textile Mills Limited has officially announced significant changes in its leadership structure, following the recent election of its Board of Directors. The company has appointed Mr. Mian Muhammad Anwar as the Chairman of the Board of Directors, and Mr. Khalid Bashir has been named the Chief Executive Officer, effective June 11, 2026. Both appointments were finalized during a board meeting held on the same date.

The election of directors, which took place on June 1, 2026, set the stage for these new appointments. Mr. Anwar will assume the role of Chairman, bringing his expertise to guide the board’s strategic direction. Concurrently, Mr. Bashir’s appointment as CEO marks the beginning of a three-year term, during which he will oversee the company’s operational and strategic functions.

According to information available from the Pakistan Stock Exchange (PSX), the appointments are expected to be communicated to the certificate holders of the exchange, ensuring transparency and compliance with market regulations. Shams Textile Mills Limited continues to operate within the designated market category of textiles, focusing on its core business activities.

This leadership transition is a development in the company’s ongoing efforts to strengthen its management team and enhance its operational capabilities. The company’s stakeholders await the new leadership’s approach and strategies to drive growth and efficiency in the coming years.