⚡ Flash Summary

Premium Textile Mills has announced the appointment of Mr. Khizar Yusuf Sattar as an Independent Director, effective October 17, 2025. This change replaces Ms. Naila Hasan, the outgoing Independent Director. The announcement was made on October 20, 2025, and shared with the Pakistan Stock Exchange Limited. The company has requested the exchange to inform the TRE Certificate Holders accordingly. The appointment signals a change in the board’s composition, which could potentially influence the company’s strategic direction and governance.

📌 Key Takeaways

• 📅 Appointment Date: Mr. Khizar Yusuf Sattar appointed effective October 17, 2025.
• 💼 Role: He will serve as an Independent Director.
• ➡️ Replacement: He replaces Ms. Naila Hasan.
• 🏢 Company: Premium Textile Mills.
• 📢 Notification Date: Announcement made on October 20, 2025.
• 🇵🇰 Exchange: Pakistan Stock Exchange Limited.
• 📜 Request: Exchange requested to inform TRE Certificate Holders.
• 📊 Impact: Change in board composition.
• 🧭 Strategic Direction: Potential influence on company strategy.
• 🏛️ Governance: Possible changes in governance practices.

🎯 Investment Thesis

HOLD. The change in independent director does not provide sufficient information to warrant a change in investment recommendation. A deeper understanding of the director’s background and potential impact on company strategy is needed. Price target: Requires further analysis. Time horizon: Dependent on future financial performance.