Appointment of Chairman of Island Textile Mills Limited

Karachi, Island Textile Mills Limited informed Pakistan Stock Exchange that Mazhar Valjee has been appointed as Chairman with effect from July 28, 2020 in place of Anwar Ahmed Tata.

Island Textile Mills Limited is a company incorporated in Pakistan on May 20, 1970. It is a public limited company the foundations of which are laid under the Companies Ordinance, 1984. The principal business activity of the company includes the manufacture and sale of yarn. The manufacturing facility of the company is located in Kotri Industrial Estate in the province of Sindh. The shares of the company are quoted on Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi.

The symbol “ILTM” is being used by the stock exchange for the shares of Island Textile Mills Limited.