Karachi, Metropolitan Steel Corporation 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.

Metropolitan Steel Corporation Limited was incorporated on August 24, 1955 as a public limited company. The company is a manufacturer of steel products such as torsteel, ribbed bars, wire rods, bailing hoops, mild and special steel wires, transmission towers and cold profiles.

The shares of the company are quoted on the Pakistan Stock Exchange. The registered office of the company is located in Karachi. The total number of shares are 30,977,500. The Earnings per shares of the Company is (0.54) in 2020 which was (0.60) in 2019. The Company had a loss of Rs. 16,717,000 in 2020 which was 18,624,000 in 2019.