Karachi, Pakistan PVC Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 22, 2021 at Thatta.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on October 23, 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 01, 2021 to October 22, 2021 (both days inclusive).

Pakistan PVC Limited is incorporated in Pakistan on October 19, 1963. The company is engaged in production and sale of PVC resin, PVC pipes and fittings, PVC compound and Caustic soda. The company has installed a water purification plant to process and sell mineral water.

Pakistan PVC Limited was constructed in the middle sixties in collaboration with M/s Shin-Etsu Chemical Industry Company Limited of Japan. The plant started producing PVC Pipes as early as in 1966.

The total numbers of shares are 14,958,000. The Earnings per share is (1.05) in 2020 which was (1.17) in 2019. The Company had a loss of Rs. 15,759,000 in 2020 which was 17,479,000 in 2019.