Karachi, Sana Industries Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 27, 2021 at Karachi.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on February 18, 2021, 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 the cash dividend @10% already paid during the year, aggregating the total distribution of cash dividend @ 25% for the year ended June 30, 2021, 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 20, 2021 to October 27, 2021 (both days inclusive).

Sana Industries was established in 1988 for manufacturing of man-made blended Fibre Yarns and became a member of Karachi Stock Exchange in 1989. Initially it started with the capacity of 12,000 spindles and now its capacity is 30,720 spindles.

In the year 2006 Sana Industries expanded and diversified its business activities by entering into a new line of business i.e. “Ammonia based temperature controlled warehouse”.

The Company is listed on Pakistan Stock Exchange Limited with the total number of shares of the Company that is 11,000,000. The Earnings per shares of the Company is (3.66) in 2020 which was 7.59 in 2019. The Profit after taxation in 2020 is Rs. (31,456,000) which was Rs. 65,224,000 in 2019.