Karachi: Leather Up Limited, a notable entity in the textile sector, held an Extraordinary General Meeting on March 8, 2025, where shareholders unanimously passed key resolutions concerning the company's governance.
During the meeting, the minutes from the Annual General Meeting held on October 28, 2024, were approved. Furthermore, significant decisions regarding the leadership of the company were made. The shareholders re-elected the board of directors and confirmed the re-appointment of the Chief Executive for the next three-year term. The board members include Mr. Khalid H. Shah, Mr. Jazim Shah, Ellahi Bukhsh Qureshi, S. Faisal Shah, Shaikh Abdus Sami, Mahmooda Shah, and Farooq Raza.
According to information available from the Pakistan Stock Exchange (PSX), these resolutions align with the procedural requirements stipulated in the exchange's rule book. The outcomes of the meeting have been communicated to the TRE certificate holders of the exchange, as per protocol.
This development marks a continued phase of leadership stability for Leather Up Limited, reflecting its strategic direction and governance practices in the textile sector.