KARACHI: Sapphire Textile Mills Limited, a prominent player in the textile sector, held its Extraordinary General Meeting on June 15, 2026, where key resolutions were passed, including the election of a new board of directors. The meeting's agenda focused on ordinary business matters essential to the company's governance and strategic direction.

The shareholders approved the minutes of the previous General Meeting held on October 27, 2025, marking the start of the proceedings. Following this, the shareholders elected a new board of directors for a term of three years, effective immediately. The elected directors include Mr. Mohammad Abdullah, Mr. Shahid Abdullah, Mr. Nadeem Abdullah, Mr. Amer Abdullah, Mr. Yousuf Abdullah, Mr. Nabeel Abdullah, and Mr. Umer Abdullah. Additionally, the board now includes independent directors Mr. Shahid Shafiq and Mr. Mirza Saleem Baig, and a female director, Ms. Mashmooma Zehra Majeed.

According to information available from the Pakistan Stock Exchange (PSX), Sapphire Textile Mills Limited is categorized under the textile sector, a crucial component of Pakistan's economy. This sector plays a significant role in the country's industrial landscape, and the recent election of directors aims to bolster the company's governance and strategic oversight.

The meeting underscored the company's commitment to maintaining robust governance practices while also ensuring diversity on its board with the inclusion of independent and female directors. These strategic decisions are expected to guide Sapphire Textile Mills Limited in navigating the evolving challenges and opportunities within the textile sector.