Peshawar: Janana De Malucho Textile Mills Limited has announced the resignation of its Chief Financial Officer, Mr. Amin ur Rasheed, who will be stepping down effective November 18, 2024. The company has formally notified the Pakistan Stock Exchange (PSX) of this development and requested that the TRE Certificate Holders of the Exchange be informed.

According to information available from the Pakistan Stock Exchange (PSX), the resignation of Mr. Rasheed is set to take place within the next month, signaling a significant change in the company's financial leadership. The reasons for Mr. Rasheed’s resignation were not disclosed in the announcement.

Janana De Malucho Textile Mills Limited has yet to announce a successor to Mr. Rasheed or detail the process by which a new Chief Financial Officer will be appointed. The company, known for its textile manufacturing operations, is expected to make further announcements in due course.