Nazir Cotton Mills Revises Committees in Accordance with Corporate Governance Standards

Karachi: Nazir Cotton Mills Limited announced the reconstitution of its Audit and Human Resource and Remuneration Committees on August 5, 2024, ensuring compliance with the corporate governance regulations of 2019.

The company’s Audit Committee now includes Mr. Aftab Anwar as Chairman, with Abdul Qayyum and Mr. Tariq Javaid serving as members. This reformation aligns with Regulation No. 27 of the Code of Corporate Governance (CCG) Regulation 2019.

According to information available from the Pakistan Stock Exchange (PSX), the Human Resource and Remuneration Committee has also been restructured under the same governance standards. Mr. Mujahid Ahmad will chair this committee, with Mian Farrukh Naseem and Miss Batool Zahra as members, in compliance with Regulation No. 28 of the CCG Regulation 2019.

These changes are part of Nazir Cotton Mills’ ongoing efforts to enhance its governance frameworks and ensure rigorous oversight of its operations.

The post Nazir Cotton Mills Revises Committees in Accordance with Corporate Governance Standards appeared first on .