Annual general meeting of National Foods Limited to be held on September 01, 2021

General

Karachi, National Foods Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 14, 2021 at Karachi.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on October 21, 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 approve and declare the dividend on the ordinary shares of the Company. The Directors have recommended final dividend of 100% (Rs. 5 per ordinary shares of Rs. 5/- each) for the year ended June 30, 202, 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 08, 2021 to October 14, 2021 (both days inclusive).

National Foods Limited was incorporated in Pakistan on 19 February 1970 as a private limited company and subsequently converted into a public limited company. The parent entity of the Company is Associated Textile Consultants (Private) Limited. The Company is principally engaged in the manufacture and sale of convenience based food products.

The total number of shares are 186,492,343. The Earnings per shares of the Company is 7.40 in 2020 which was 7.31 in 2019. The Profit after Taxation is 1,104,502,000 in 2020 which was 1,090,862,000 in 2019.