Appointment of Chief Executive and Chairman
The appointment of Mr. Azim Ahmed as Chief Executive and Mr. Naseem A. Sattar as Chairman of Al-Abid Silk Mills Ltd.
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The appointment of Mr. Azim Ahmed as Chief Executive and Mr. Naseem A. Sattar as Chairman of Al-Abid Silk Mills Ltd.
The company informed the Pakistan Stock Exchange that its Board of Directors will meet on Monday, June 1, 2026 at 1:00 PM at the registered office in Karachi to appoint the Chairman and Chief Executive and consider other business matters.
Al-Abid Silk Mills Limited informed PSX that directors were elected in the Extra Ordinary General Meeting held on May 18, 2026, to serve for the next three years.
The company informed PSX that an Extraordinary General Meeting will be held on May 18, 2026 for election of directors. Seven candidates have offered themselves, and since the number of contestants does not exceed the number of board seats fixed under Section 159(1), all named persons will be deemed elected for the next three-year term.
Al-Abid Silk Mills Limited informed PSX that it has transmitted its Quarterly Financial Statements for the period ended 2026-03-31 and stated that the statements will also be posted on the کمپنی’s website.
Al-Abid Silk Mills Limited announced board-approved unaudited financial results on April 29, 2026. For the quarter ended March 31, 2026, the company reported no sales, a gross loss of Rs 34.30 million, loss from operations of Rs 29.30 million, and loss after tax of Rs 29.46 million versus Rs 36.06 million loss after tax in the same quarter last year. Balance-sheet cash declined to Rs 18.60 million, while short-term finances remained at Rs 744.24 million.
Announcement regarding the board meeting.
AASM published a PSX filing on Apr 22, 2026, 10:04 AM. Open the original source document for full details.
Reference
Al-Abid Silk Mills Ltd (AASM) is tracked on Investify with Pakistan Stock Exchange market data, price history, day range, 52-week range, fundamentals, technical indicators, company announcements and related PSX index context.
FAQ
Al-Abid Silk Mills Ltd (AASM) last traded at PKR 3.49. The price is unchanged 0.00 (0.00%) from the previous close of PKR 3.49.
Al-Abid Silk Mills Ltd trades on the Pakistan Stock Exchange under the ticker AASM. On Investify, you can find this stock by searching for AASM.
The day range for AASM is PKR 3.49 to PKR 3.49, based on the latest available market data on this page.
The 52-week range for AASM is PKR 3.00 to PKR 3.50.
AASM volume is 0 shares in the latest live quote shown by Investify.
AASM is shown in these PSX index groups on Investify: KSEALL, KMIALL.
AASM appears in Investify's index membership data for KMIALL, which are PSX Islamic or Shariah-focused index groups.
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Al-Abid Silk Mills Ltd (AASM) is a Synthetic & Rayon company listed on the Pakistan Stock Exchange (PSX). This page tracks the live AASM share price, day range and 52-week range, along with fundamentals, technical indicators, dividends, company announcements and the company profile for PSX investors.
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