⚡ Flash Summary

KHYBER Textile Mills Limited has announced the upcoming election of directors at the 64th Annual General Meeting (AGM) scheduled for October 23, 2025. Seven candidates have filed notices of intention to offer themselves for election as directors. Since the number of candidates does not exceed the number of directors fixed by the board, all candidates will be deemed elected for the next three years. This announcement is a routine corporate governance procedure following the Companies Act, 2017.

📌 Key Takeaways

• 📅 Election of directors scheduled for October 23, 2025.
• 🏢 AGM will be held at the registered office in Baldher, Haripur, Khyber Pakhtunkhwa.
• 📜 Election is conducted under Section 159(4) of the Companies Act, 2017.
• 👤 Seven candidates have filed notices for director election.
• 👨‍💼 Candidates include Mr. Aurangzeb Khan, Mr. Amanullah Khan Jadoon, Mr. Muhammad Bahauddin, Mr. Adam Jadoon.
• 👩‍💼 Candidates also include Mrs. Aamna Jadoon.
• ⚖️ Mr. Hassan Ovais and Mr. Nusrat Iqbal are listed as Independent Directors.
• ✅ Since candidate count doesn’t exceed board-fixed positions, all are ‘deemed’ elected.
• 🕒 The AGM will commence at 10:00 am local time.
• ℹ️ This election is for a three-year term.
• 💼 The announcement was made by the Company Secretary on October 14, 2025.
• 🏢 Company is Khyber Textile Mills Limited.

🎯 Investment Thesis

Given the absence of financial data and the nature of the announcement being focused on corporate governance, a HOLD rating is appropriate. Investors should monitor the company’s financial performance and strategic decisions following the election of directors. The decision to re-evaluate will depend on subsequent financial releases and strategic updates.