Appointment of Chairman of Security Paper Limited

Karachi, Security Paper Limited informed Pakistan Stock Exchange that Mr. Mohammad Aftab Manzoor has been appointed as Chairman of the Board of Directors of the Company with effect from August 27, 2021 in place of Mr. Muhammad Haroon Rasheed.

Security Papers Limited is incorporated and domiciled in Pakistan as a public Company Limited by shares. The principal activity of the Company is manufacturing and sale of specialized paper for banknote and non-bank note security documents.

The Company is listed on Pakistan Stock Exchange with the total number of shares the company has introduced so far are 59,255,985. The Earnings per share is 21.54 in 2020 which was 13.03 in 2019. The Profit After Taxation is 1,276,249,000 in 2020 which was 772,034,000 in 2019.