Karachi: Quetta Textile Mills Limited has announced the appointment of Mrs. Saima Asim as the new Chairperson of its Board of Directors, effective January 27, 2026. The decision was formalized during a board meeting held on the same date, as stipulated by the Companies Act, 2017, the Listed Companies (Code of Corporate Governance) Regulations, 2019, and the Articles of Association of the company.
Mrs. Asim, a Non-Executive Director of Quetta Textile Mills Limited, will assume her duties as Chairperson for a tenure determined by the Board or as outlined in the company’s Articles of Association, in accordance with applicable laws and regulations. This appointment marks a significant leadership change for the company.
According to information available from the Pakistan Stock Exchange (PSX), the company has also authorized its Company Secretary to undertake all necessary actions to ensure compliance with this resolution. This includes filing requisite returns and forms with the Securities and Exchange Commission of Pakistan (SECP) and the Pakistan Stock Exchange Limited (PSX).
This strategic move is part of Quetta Textile Mills Limited's ongoing efforts to strengthen its governance framework and aligns with the designated market category requirements set forth by regulatory authorities.