Shahtaj Textile Limited is a Shahnawaz Group Company. It was incorporated as a public limited company in January 1990, with the sole purpose of manufacturing grey fabric and its marketing.The company is listed at Pakistan Stock Exchange Limited. The mills went into commercial production in January 1992
Its production facilities are situated in the hub of Textile Industries near Lahore (Pakistan) and is equipped with the most advanced high speed Toyoda and Picanol Air Jet Looms of Japanese and Belgium origin. Starting with 72 looms now the number of installed looms is 174 with complete back up process and stand-by self power generation.
Its business philosophy has been to be the supplier of choice for leading processing and export houses in Pakistan. Over the last 25 years of operations Shahtaj Textile Limited, has established its reputation in Pakistan as a premier supplier of highest quality greige fabric to key exporters besides exports to many foreign buyers.
Shahtaj Textile Limited has always aimed at achieving and sustaining a reputation for quality both in domestic and export markets by supplying its products on schedule and totally conforming to the agreed specifications with its customers.
At Shahtaj Textile Limited great care and emphasis is laid on strict quality control, while maintaining a healthy balance between production and efficiency without compromising on quality.
As per the requirement of the customer American Society for Quality Control System (ASQC) 4 points system is normally enforced and each piece of grey fabric is thoroughly checked by our skilled cloth inspectors.
All these efforts are paying and company has a good track record of earnings and paying dividends. Last year (2015/2016) company earned about Rs.99 million profit after tax and paid 45% cash dividend.
Audit Committee of the Board
|Mr. Toqueer Nawaz
Mr. Muneer Nawaz
Mr. Saleem Zamindar
Mr. Jamil Ahmed Butt
|585 dedicated employees in various categories Under guidance of following key personnel.
|Lt. Col. (Retd.) R.D. Shams
Mr. Rashid Mahmood
Chief Financial Officer
Mr. M. Naeem
Date of Birth: 01.01.1940
Education: B.Sc., LLB, M.A.,
He joined Shahnawaz Ltd. in 1967 and assumed responsibilities of Managing Director in 1972. He is also C.E. of Shahtaj Textile Ltd. since inception. He is also on the Board of Directors of all group companies.
Chief Financial Officer
Mr. Amir Ahmed
Date of Birth: 18.06.1984
Education: B.Com., Associate Chartered Accountant(ACA)
He joined Shahtaj Textile Ltd., as Assistant General Manager Finance in May 2013 and later promoted to CFO in July 2015. Earlier he worked for 2 years as Assistant General Manager Accounts in Alpha Insurance Company Limited.