Karachi, Paramount Spinning Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on August 28, 2018 at Karachi.
The agenda of the meeting will be confirming the minutes of Annual General Meeting of the Company, to receive, consider and adopt the audited financial statements of the Company for the financial year ended on June 30, 2017 together with Director’s and Auditor’s Reports thereon, to appoint auditors of the Company for the next financial year 2017-2018 and fix their remuneration and to transact any other business with the permission of the chairman.
Further, the closed period of the company is from August21, 2018 to August28, 2018 (both days inclusive).
Paramount Spinning Mills Limited was incorporated as a public limited company on August 22, 1981 in Pakistan. The company is principally engaged in progressive manufacture and sales of cotton yarn, fabric, yarn dyeing and garments products. The registered office of the company is located at Karachi. The manufacturing facilities of the Company are located at Ferozewattwan and Raiwind. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan.
The symbol “PASM” is being used by the stock exchange for the shares of Paramount Spinning Mills Limited.