Faisalabad: Masood Textile Mills Limited has announced the election of its new board of directors following an Extraordinary General Meeting held on March 27, 2025, at Universal House, Bilal Road, Faisalabad. The company's meeting, convened at 11:00 a.m., adhered to the requirements set forth by the Pakistan Stock Exchange Limited.

The textile company, operating within the designated market category, has confirmed the election of seven directors who will serve a term of three years. The newly appointed board members include two independent directors, Mr. Shahid Iqbal and Malik Shahid Mehmood, alongside female director Ms. Chen Yan. The board is further composed of other directors, namely Mr. Shahid Nazir Ahmad, Mr. Naseer Ahmad Shah, Mr. Shibin Yang, and Mr. Shoaib Ahmad Khan.

According to information available from the Pakistan Stock Exchange (PSX), the certified true copy of the resolutions passed in the meeting has been duly submitted for the information of the exchange. This step is in compliance with Regulation No.5.6.9 (b) of the PSX Rule Books, ensuring transparency and adherence to regulatory guidelines.

The election was conducted at the company's premises, signaling a strategic alignment with industry standards and governance practices. The directors' election reflects the company's commitment to maintaining a robust governance framework and fostering leadership that supports its operational and strategic objectives.