Karachi, Shahtaj Textile Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled held on October 27, 2021 at Faisalabad.

The agenda of the meeting will 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.

Shahtaj Textile Limited is limited by shares, incorporated in Pakistan on January 24, 1990, as a public limited company. The principal business of the company is to manufacture and sell textile goods.

The mills went into commercial production in January 1992. Their production facilities are situated in the hub of Textile Industries near Lahore (Pakistan) and are equipped with the most advanced high speed Toyoda and Picanol Air Jet Looms of Japanese and Belgium origin. Starting with 72 looms now the number of installed looms is 178 with complete back up process and stand-by self power generation.

The total numbers of shares are 9,660,000. The Earnings per share is 7.51 in 2020 which was 19.47 in 2019. The Profit after Taxation is 72,571,000 in 2020 which was 188,049,000 in 2019.