⚡ Flash Summary

Mahmood Textile Mills Limited announced the resignation of their Chief Executive Officer, Khawaja Muhammad Younus, effective November 6th, 2025. Simultaneously, Mr. Muhammad Anees has been appointed as the new CEO, also effective November 6th, 2025. This change fills a casual vacancy within the Board of Directors. The appointment adheres to Section 187 of The Companies Act 2017.

📌 Key Takeaways

• 🗓️ CEO Khawaja Muhammad Younus resigned on November 6th, 2025.
• 👔 Mr. Muhammad Anees appointed as CEO effective November 6th, 2025.
• 🏢 Change addresses a casual vacancy on the Board of Directors.
• 🇵🇰 Appointment complies with Section 187 of The Companies Act 2017.
• 📜 Official announcement made to the Pakistan Stock Exchange.
• ✉️ Notification issued under MTM/SEC/20025.
• 📅 Date of the announcement: November 6th, 2025.
• 📍 Company location: Karachi.
• 🤝 Announcement addressed to The General Manager.
• textile mills limited
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🎯 Investment Thesis

HOLD. While the change in CEO could bring new perspectives and strategies, there is insufficient information to determine whether this will positively or negatively impact the company’s financial performance. A wait-and-see approach is recommended until further information regarding the new CEO’s plans and the company’s financial performance becomes available. Price target will be assessed after an earnings call.