Karachi, Ghandhara Nissan Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 28, 2021 at Karachi.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on October 28, 2020 to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from October 22, 2021 to October 28, 2021 (both days inclusive).

Ghandhara Nissan Limited was incorporated on August 8, 1981 in Pakistan as a private limited company and subsequently converted into a public limited company on May 24, 1992. The principal business of the Holding Company is assembly / progressive manufacturing of vehicles including JAC Trucks, import and sale of Nissan, Dongfeng and Renault vehicles in Completely Built-up condition and assembly of other vehicles under contract agreement. The Company is a subsidiary of Bibojee Services (Private) Limited.

The registered office of the Company is situated at F-3, Hub Chowki Road, S.I.T.E., and Karachi. Its manufacturing facilities are located at Port Qasim, Karachi and regional offices in Lahore and Rawalpindi. The Company’s shares are listed on Pakistan Stock Exchange Limited.

The total numbers of shares are 57,002,500. The Earnings per share is (3.62) in 2020 which was (0.51) in 2019. The Company had a loss of Rs. 206,623,000 in 2020 which was 28,806,000 in 2019.