Lahore: Shadab Textile Mills Limited announced the re-election of seven directors during its Extraordinary General Meeting held on March 28, 2025. The meeting took place at the company’s registered office at City Towers, Main Boulevard, Gulberg-II, Lahore, with proceedings commencing at 11:00 a.m.

The re-election of the directors was executed in accordance with Section 159(1) of the Companies Act, 2017. The resolution, documented as part of the company’s compliance with Regulation 5.6.9(b) of the Pakistan Stock Exchange (PSX) Regulations, confirmed the directors’ tenure to span a period of three years starting from March 28, 2025.

According to the resolution passed, the following individuals have been re-elected to the board: Mian Farrukh Naseem, Mr. Saad Naseem, Mr. Yasir Naseem, Mr. Hamza Naseem, Mr. Fahad Shafiq, Mr. Ghazanfer Feroz, and Mrs. Fatima Aamir. The company underscored that the resolution will be officially recorded in the Minutes Book.

According to information available from the Pakistan Stock Exchange (PSX), the textile sector, to which Shadab Textile Mills Limited belongs, constitutes a significant portion of the industrial market category in Pakistan.

The certified true copy of the resolution asserts the formal acceptance of the decisions made during the meeting, marking a continued phase of governance for the company under the stewardship of the re-elected directors.