Maqbool Textile Mills Limited

KASE:MQTM Stock Report

Market Cap: PK₨497.7m

Maqbool Textile Mills Management

Management criteria checks 0/4

Maqbool Textile Mills' CEO is Tanvir Sheikh, appointed in Dec 2022, has a tenure of 1.92 years. directly owns 14.82% of the company’s shares, worth PKR73.75M. The average tenure of the management team and the board of directors is 1.9 years and 2.1 years respectively.

Key information

Tanvir Sheikh

Chief executive officer

n/a

Total compensation

CEO salary percentagen/a
CEO tenure1.9yrs
CEO ownership14.8%
Management average tenure1.9yrs
Board average tenure2.1yrs

Recent management updates

Recent updates


CEO

Tanvir Sheikh (70 yo)

1.9yrs

Tenure

Mian Atta Shafi Tanvir Ahmad Sheikh served as the Chief Executive Officer, Managing Director of Allawasaya Textile & Finishing Mills Limited until October 11, 2022 and served as its Executive Director. Mia...


Leadership Team

NamePositionTenureCompensationOwnership
Tanvir Sheikh
CEO & Director1.9yrsno data14.82%
PKR 73.8m
Muhamamd Khan
Chief Financial Officer1.3yrsno datano data
Anis Sheikh
MD & Executive Directorno datano data10.2%
PKR 50.8m
Atta Shafi Sheikh
Executive Directorno datano datano data
Mahmood Hassan
Head of Internal Auditno datano datano data
Muhammad Siddique
Company Secretary2.8yrsno datano data

1.9yrs

Average Tenure

Experienced Management: MQTM's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Tanvir Sheikh
CEO & Directorno datano data14.82%
PKR 73.8m
Anis Sheikh
MD & Executive Directorno datano data10.2%
PKR 50.8m
Atta Shafi Sheikh
Executive Directorno datano datano data
Romana Sheikh
Chairperson2.8yrsno data4.52%
PKR 22.5m
Aziz Sheikh
Non-Executive Directorno datano data12.86%
PKR 64.0m
Syed Raza Jaffari
Independent Directorno datano datano data
Tariq Anwar
Independent Directorno datano data0.014%
PKR 67.5k
Shafi Sheikh
Non-Executive Directorno datano data1.13%
PKR 5.6m
Bakhtawar Sheikh
Non-Executive Director2.1yrsno data2.71%
PKR 13.5m
Nazir Khan
Independent Directorless than a yearno datano data

2.1yrs

Average Tenure

Experienced Board: MQTM's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.