Karachi, Service Fabrics Limited informed Pakistan Stock Exchange that Board of Directors meeting of the Company will be held on August 26, 2021 at Lahore to discuss and consider the purchase of land from Ghani Chemical Industries Limited for setup of calcium carbide project and holding of Extra Ordinary General Meeting.
Further, the company has declared the closed period from August 23, 2021 to August 26, 2021.
“Service Fabrics Limited (SFL) is a public limited company (listed on Stock Exchanges). The company was incorporated in 1987 and is equipped with 96 Sulzer shuttleless looms, sizing from Zell and warping from Beninger. The project is situated at Manga, Lahore, with a capacity to produce nearly 20.000 million meters grey cloth per annum of various constructions. Almost entire production of the company is being exported to Far East & Europe with more than Rs. 725,000 million annual sales. In 1997, Service Fabrics was awarded a special merit trophy from the Federation of Pakistan Chamber of Commerce and Industry (FPCCI).
The symbol “SERF” is being used by the stock exchanges for the Service Fabrics Limited.”