SHEIKH IMDAD AHMED
Sheikh Imdad Ahmed was a well known business figure and was elected President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) in 1977. He was also a distinguished member of the Parliament of Pakistan (Majlis-e-Shoora) between 1982 and 1985 wherein he also served as Vice Chairman for some time.
In 1979-80, due to business separation amongst his brothers/partners, Sheikh Imdad Ahmed, opted out of all the above industries. Thereafter, he along with his four sons, set up following major business concerns:
(1) Bilqees Corporation (Pvt.) Ltd.
(2) Al-Hamd Textile Mills Ltd.
(3) Membership/Brokerage at Lahore Stock Exchange.
Sheikh Imdad Ahmed died in 1987 and after amicable business settlement between his four sons, Sheikh Afzaal Ahmed and his immediate family exclusively own Al-Hamd Textile Mills Limited since 1998 and there is no cross shareholding or directorship. Hence, Al-Hamd Textile Mills Limited is presently an individual company without any associated concern.