Board of directors meeting of Dawood Equities Limited

Karachi, Dawood Equities Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on September 24, 2021 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 16, 2021 to September 24, 2021.

Dawood Equities Limited was incorporated on May 3, 2006 as public limited company. DEL commenced commercial operations from October 03, 2006. DEL is also registered under the Securities and Exchange Commission of Pakistan as a broker. The Company’s principal business is trading and brokerage of listed equities, underwriting and other investments.

The total shares of the Company are 25,000,000. The Earnings per share is 0.32 in 2020 which was 0.02in 2019. Their Profit after Taxation is 8,104,000 in 2020 which was 480,000 in 2019.