Karachi, Ghani Automobile Industries Limited informed Pakistan Stock Exchange that due to non-presence of quorum as required under section 135(1) of the Companies Act 2017, the Extraordinary General Meeting of the company has been adjourned under proviso of section 135(1) and article 56 of the articles of association of the company, till the June 13, 2018 for the same time at 11:30 a.m and the same place Sunfort Hotel, 72-D/1, Commercial Zone, Liberty Market, Gulberg-III, Lahore.
“Ghani Automobile Industry Limited is a public listed company incorporated in Pakistan in September, 1987. It is a company of Ghani Group. The name of the company has been changed from Ghani Textile Limited to Ghani Automobile Industries Limited with effect from March 31, 2004. The principal activity of company has been changed during year 2004 from manufacture and trade of grey cloth tomanufacture, assemble and trade of Automotive Vehicles of all kinds and sorts. The shares of the company are quoted on the Stock Exchanges in Pakistan. The registered office of the company issituated at Lahore.
The manufacturing facility of the company is engaged in the manufacturing of 70 cc & 100cc motorcycle, 100cc 3 wheeler motorcycle rickshaw & 200cc water cooled CNG Rickshaws, following all International and National standard engineering practices, procedures and quality controls.
The symbol “GAIL” is being used by the stock exchanges for the shares of Ghani Automobile IndustryLimited.”