Karachi: Apollo Textile Mills Ltd. has announced a leadership change within its Board of Directors, effective June 27, 2025. According to a company statement, Mr. Muhammad Tahir Khan has resigned from his position as Director. The Board has accepted his resignation, marking the end of his tenure with the company.
In conjunction with this development, Mr. Muhammad Aslam has been appointed as the new Director of Apollo Textile Mills Ltd., effective the same date. Mr. Aslam has consented to the role and has fulfilled all necessary legal and regulatory requirements to join the Board.
According to information available from the Pakistan Stock Exchange (PSX), this procedural transition in leadership complies with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the PSX Rule Book. The company has communicated these changes to the Trading Right Entitlement (TRE) Holders of the Exchange.
Apollo Textile Mills Ltd. operates within the designated market category of textiles, a key sector in the economic landscape of Pakistan. The company's strategic decisions and leadership shifts are closely monitored by market analysts and shareholders alike.