Karachi: J.K. Spinning Mills Ltd. announced the appointment of Mrs. Nageen Faiq as a new Director, effective April 29, 2025, following the passing of Mr. Jawed Anwar. Mr. Anwar served on the company's Board of Directors until his death on March 22, 2025.
The company communicated the change in its board composition to stakeholders, emphasizing the need for timely information dissemination to the TRC Certificate holders of the exchange. This development comes within the designated market category of textile manufacturing, where J.K. Spinning Mills operates.
According to information available from the Pakistan Stock Exchange (PSX), the company has made this announcement as part of its corporate governance practices to ensure transparency and accountability within its management framework.
The Board of Directors expressed their condolences on the passing of Mr. Anwar and welcomed Mrs. Faiq to her new role, highlighting the importance of leadership continuity within the organization.