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KTM started operations in the first quarter of 1970, and the success of this company provided the catalyst for the subsequent blossoming and diversification of the Saif Group.
With an installed capacity of 44,508 spindles, KTM manufactures and markets cotton yarn, combed cotton, carded cotton and synthetic yarn.
Founded in 1967, Kohat Textiles Mills Ltd is led by the Saifullah family, who have accumulated over 64 years of experience in the yarn industry. The company carries forward a storied legacy from its founders and continues to evolve and thrive in the industry.
Kohat Textile Mills Limited was established by Late Begum Kulsum Saifullah Khan in 1967. She was a prominent figure in Pakistan known for her distinguished services in the corporate, social, and political spheres. With strategic vision and business insight, she established the foundation for what would later become the renowned Saif Group, making a lasting impact on the business world. She was chairperson of the Saif Group of companies from 1964 to 1990.
Saif Group is one of the leading business conglomerates of Pakistan in the fields of textiles, power generation, healthcare, real estate, oil and gas exploration and software industries. Begum Kulsum Saifullah Khan was a founding member of the All Pakistan Women’s Association (APWA) and served as an advisor to its founder, Begum Ra’ana Liaquat Ali Khan. She also contributed to the Khyber Pakhtunkhwa Handicapped Children’s Association, held leadership roles in craft councils, and represented Pakistan at international forums, including the United Nations General Assembly. As a public representative, she served in the Provincial Assembly of Khyber Pakhtunkhwa, the Federal Council, and the National Assembly. Notably, she made history as the first woman federal minister in Pakistan, holding positions in Population Welfare, Organisation and Methods, and Commerce.
In 2008, Begum Kulsum Saifullah Khan was honored with the Hilal-i-Imtiaz civilian award by former President of Pakistan Gen. Retr. Pervez Musharaf for her commendable services to the country. May Allah rest her soul in peace and grant her the highest place in Jannah. (Ameen)
KTM offers top-notch yarns tailored to your needs, ensuring quality and durability. Their commitment to excellence makes them a trusted choice for all your textile endeavors.
This website was last updated in October 02, 2024.
I am pleased to present my review of the overall performance of the Board of Directors (the “Board”) of Kohat Textile Mills Limited (the Company) and its effectiveness in achieving the Company’s objectives for the year ended June 30, 2024.
The Board has diligently carried out its duties in the best interests of the Company’s shareholders, effectively and efficiently managing the Company’s affairs. The Company remains committed to adhering to the best practices of corporate governance and complies with all relevant requirements of the Companies Act, 2017, and the Listed Companies (Code of Corporate Governance) Regulations, 2019 (The Code), pertaining to the composition, meetings, and procedures of the Board and its Committees.
For the financial year ended on June 30, 2024, an annual evaluation of the Board was conducted in accordance with the directives of the Code. I am delighted to report that the Board has diligently fulfilled its duties in compliance with the law and in the best interests of the Company and its shareholders. The overall performance of the Board was assessed based on several factors, including its adherence to the vision, mission, and values; active involvement in strategic planning; policy formulation; oversight of the organization’s business activities; supervision of financial resource management; effective fiscal control; and unbiased treatment of all employees. The Board has ensured that it maintains adequate representation of non-executive, independent, and female directors on both the Board and its committees, as mandated by the Code. Additionally, the members of the Board and its respective committees possess the necessary skills, experience, and knowledge to effectively manage the Company’s affairs.
The Board diligently and consistently oversees and monitors performance of the Company and its sub-committees. The Board has formulated short, medium, and long-term plans to achieve its strategic goals. During the financial year 2023-24, the Board made significant contributions to the Company by fulfilling the following functions:
