Karachi: Tata Textile Mills Limited has announced the election of directors in accordance with Section 159(4) of the Companies Act, 2017. According to a report dated October 19, 2026, seven individuals have expressed their intention to stand for election as directors of the company during the Annual General Meeting (AGM) scheduled for October 27, 2026, at 1:30 p.m. This meeting will be held at the Pakistan Stock Exchange, Dr. Shamshad Akhtar Auditorium, PSX Administration Building, I.I. Chundrigar Road, Karachi, with an option to join via video link.

The candidates for the board positions include Mazhar Valjee, Mr. Shahid Anwar, Mr. Adeel Shahid Anwar, Mr. Bilal Shahid Anwar, Mr. Farooq Advani, who is an independent director, Mr. Tayyeb Afzal, also an independent director, and Ms. Samar Shahid. The board of directors had previously fixed the number of available director positions under Section 159(1) of the Companies Act, 2017. Since the number of candidates matches the available positions, these seven individuals are automatically deemed elected for a three-year term, which will commence on October 26, 2026.

According to information available from the Pakistan Stock Exchange (PSX), this procedural election ensures continuity and stability within Tata Textile Mills Limited’s governance structure. The designated market category for this notice pertains to corporate governance and compliance within the textile sector.