Category: Board Meetings

Karachi, Sanghar Sugar Mills Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on January 28, 2023 at Karachi. The agenda of the meeting shall be consideration of quarterly accounts for the period ended December 31, 2022.

Further, the closed period of the company shall be from January 20, 2023 to January 28, 2023 (both days inclusive).

“The Company is a public limited Company incorporated in 1986 in Pakistan. The Company is principally engaged in the manufacture and sale of sugar and sale of its by-products i.e. molasses and bagasse. The Company has also installed bagasse based power generation and transmission equipment to sell surplus electric power. The Company went into commercial production in January 1988. Initially Mills having a capacity of 2,000 T.C.D. was installed. Subsequently the capacity has been increased to 6,000 T.C.D. and now currently stands at 8,500 T.C.D.

The total number of shares the company has introduced so far are 11,946,000. The Earnings per share is 9.94 in 2020 which was 8.28 in 2019. The Company had a loss of Rs. 118,755,000 in 2020 which was 98,855,000 in 2019.”

Karachi, Lucky Cement Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on January 27, 2023 at Karachi. The agenda of the meeting shall be consideration of quarterly accounts for the period ended December 31, 2022.

Further, the closed period of the company shall be from January 21, 2023 to January 27, 2023 (both days inclusive).

“Lucky Cement is one of the largest producers and leading exporters of quality cement in Pakistan and is listed on the Pakistan Stock Exchange. Lucky Cement Limited was incorporated in Pakistan on September 18, 1993. The principal activity of the Company is manufacturing and marketing of cement.

The total number of Share of the Company are 323,375,000. The Earnings per share is 10.34 in 2020 which was 32.44 in 2019. The Profit after Taxation of the Company is 3,343,933,000 in 2020 which was 10,490,229,000 in 2019.”

Karachi, Dewan Sugar Mills Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on January 27, 2023 at Karachi. The agenda of the meeting shall be consideration of quarterly accounts for the period ended December 31, 2022.

Further, the closed period of the company shall be from January 20, 2023 to January 27, 2023 (both days inclusive).

“Dewan Sugar Mills Limited (the Company) was incorporated in Pakistan, as a public Limited company on June 27, 1982. The Principal activity of the Company is production and sale of white crystalline refined sugar, processing and trading of by-products, and other related activities and allied products. The Company also have the delivery and Packaging options that are Bulk Vessel, ISO Tank and FCLs. The production of the company is recorded as 125,000 litres per day and 33,000 metric ton annually.

The total number of shares of the company are 91,511,992. The Company’s Earnings per shares is (9.69) in 2020 which was (5.98) in 2019. The Company had a loss of 886,326,000 in 2020 which was 546,914,000 in 2019.”

Karachi, Tandlianwala Sugar Mills Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on January 30, 2023 at Lahore. The agenda of the meeting shall be consideration of quarterly accounts for the period ended December 31, 2022.

Further, the closed period of the company shall be from January 20, 2023 to January 30, 2023 (both days inclusive).

“The Company was incorporated in Pakistan on November 01, 1988 as a public limited company. The principal activity of the Company is production and sale of white crystalline sugar and ethanol.

TSML produces sugar, ethanol and carbon dioxide and produced its first refined sugar in 1992 and have expanded frequently since then. The Sugar operation of the company is began with their mill at Kanjwani, in Punjab’s Faisalabad District. TSML is also Pakistan’s ethanol producer, manufacturing both ENA and REN grades.

The total numbers of shares are 117,706,300. The Earnings per share is (2.39) in 2020 which was 12.30 in 2019. The Profit after Taxation is (281,725,000) which were 1,448,317,000 in 2019.”

Karachi, Zeal Pak Cement Factory Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 25, 2023 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December 31, 2022.

Zeal Pak was established in 1956 with the collaboration and financial assistance of the said two countries in materializing the project the same was named as Zeal Pak Cement Factory Ltd. i.e. “Zeal” for New Zealand and “Pak” for Pakistan.

The company took a modest start with two wet process Kilns having a production capacity of 400 tons per day each. In view of the increasing demand for cement and identical third unit was added in 1960 and a fourth unit in 1963 raising the capacity of the factory to 1600 tpd.

The total number of shares of the Company are 427,838,526. The Earning per share is (0.66) in 2016 which was (0.84) in 2015. The Company had a loss of Rs. 281,262,000 in 2016 which was 358,514,000 in 2015.

Karachi, Tariq Corporation Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 28, 2023 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December 31, 2022.

Further, the company has declared the closed period from January 21, 2023 to January 28, 2023.

“Tariq Corporation was incorporated on February 14, 1966 in Karachi and received its Certificate for Commencement of Business on April 16, 1966.. The Company formerly known as Hussein Sugar Mills Limited, is principally engaged in the business of production and sale of sugar and by products.

The plant is located in Jaranwala, approximately 80KM from Lahore. The area has large tracts of land where sugarcane is cultivated and produces approximately 40-45 million mounds of sugarcane a year.

The total numbers of shares are 38,520,000. The Earnings per share is (7.43) in 2020 which was 9.05 in 2019. The Profit after Taxation of the Company is (286,206,000) in 2020 which was 293,543,000 in 2019.”

Karachi, Kohat Cement Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 24, 2023 at Lahore to consider the certain corporate actions.

Further, the company has declared the closed period from January 17, 2023 to January 24, 2023.

“Kohat Cement Company Limited is a public limited company incorporated in Pakistan. The Company is engaged in the production and sale of cement. ANS Capital (Private) Limited is the holding company of the Company.

The total number of shares of the Company is 200,861,297. The Earnings per shares of the Company is (2.21) in 2020 which was 12.29 in 2019. The Profit after Taxation is (443,736,000) in 2020 which was 2,468,656,000 in 2019. “

Karachi, International Steels Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on January 27, 2023 at Karachi. The agenda of the meeting shall be consideration of Half Year accounts for the period ended December 31, 2022 for deceleration of any entitlement.

Further, the closed period of the company shall be from January 20, 2023 to January 27, 2023 (both days inclusive).

“International Steels Limited was set up in 2007 as a public limited company. It is a subsidiary of International Industries Limited. The Company manufactures cold rolled, galvanized and color coated steel coils and sheets.

ISL’s manufacturing facilities are located on 32 acres in the port city of Karachi, where the company produces Cold Rolled Steel, Galvanized Steel and Color Coated Steel for numerous industrial and commercial applications. The company has a strong nationwide supplier network that is served through regional offices in Lahore, Islamabad and Multan. ISL exports its products to more than 20 countries worldwide. The company has a production capacity of over 1,000,000 Metric Tons.

The Company has quoted its shares that are 435,000,000. The Earnings per shares of the Company is 1.14 in 2020 which was 6.12 in 2019. Their Profit after Taxation is 494,851,000 in 2020 which was 2,664,373,000 in 2019.”

Karachi, International Industries Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on January 31, 2023 at Karachi. The agenda of the meeting shall be consideration of Half Yearly accounts for the period ended December 31, 2022.

Further, the closed period of the company shall be from January 23, 2023 to January 31, 2023 (both days inclusive).

“The International Industries Limited was established as Sultan Chinoy & Company in Pakistan in 1948. Later it was incorporated as International Industries Limited along the development process. It became a public limited company in 1984. IIL is in the business of producing of GI pipe, steel tubes and pipes, API line pipe & polyethylene line pipes globally. The registered office of the company is located in Karachi. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan.

The manufacturing capacity of the company is 300,000 tons of small diameter steel pipe with OD range (12.70mm – 168mm). The company has plant and storage area of 25 acres along with a power generating capacity of 4MW.

The symbol “INIL” is being used by the stock exchange for the shares of International Industries Limited.”

Karachi, Fauji Fertilizer Bin Qasim Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on January 27, 2023 at Islamabad. The agenda of the meeting shall be consideration of Annual accounts for the period ended December 31, 2022.

Further, the closed period of the company shall be from January 20, 2023 to January 27, 2023 (both days inclusive).

“Fauji Fertilizer Bin Qasim Limited is a public limited company incorporated in Pakistan. The foundation of the company is laid under the Companies Ordinance, 1984. The principal objective of the company is manufacturing, purchasing and marketing of fertilizers. The company commenced its commercial production effective January 1, 2000. The company is a subsidiary of Fauji Fertilizer Company Limited with shareholding of 50.88%. The stocks of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges in Pakistan. The registered office of the company is situated at Rawalpindi.

The plant is a Granular Urea and Di-Ammonium Phosphate fertilizers manufacturing complex, built at a cost of US$ 468 Million and located in Eastern Zone of Bin Qasim, Karachi, with Head Office at Rawalpindi. The plant is ISO certified with memberships of industry association and trade bodies i.e. Rawalpindi Chamber of Commerce and International Fertilizer Association.

The symbol “FFBL” is being used by the stock exchanges for the shares of Fauji Fertilizer Bin Qasim Limited.”

Karachi, Hafiz Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on February 24, 2023 at Karachi. The agenda of the meeting shall be consideration of quarterly accounts for the period ended December 31, 2022.

Further, the closed period of the company shall be from February 22, 2023 to February 28, 2023 (both days inclusive).

Hafiz Limited are Manufacturers and Exporters of all sort of textiles, a composite unit with sister branches established since 1936 in Mumbai, re-established in 1947 Karachi and expanded its operation from Textiles to Jute Mills in the year 1956 in Dhaka-Chittagong.

Karachi, Premium Textile Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 17, 2023 at Karachi to consider the appointment of two directors in place of retiring ones. The meeting will include discussion on reconstitution of the board Committees in addition to reconstitutions of the board.

“Premium Textile Mills Limited is a company incorporated in Pakistan as a Public Limited Company in 1987. The foundation of the company is laid under the Companies Ordinance, 1984. The principal activity of the company is manufacture and sale of cotton and polyester yarn. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi.

The symbol “PRET” is being used by the stock exchange for the shares of Premium Textile Mills Limited.”