Extension in Annual general meeting of Bawany Air Product Limited

General

Karachi, Bawany Air Product Limited informed Pakistan Stock Exchange that that the competent authorial has grated extension in the period to hold the Annual General Meeting (“AGM”) of the Company on or before November 27, 2021 and lay therein the Annual Audited Accounts of the Company for the year ended June 30, 2021 under the provision of Section 132 and Section 223 of the Act.

Bawany Air Products Limited is a public limited Company incorporated in Pakistan on August 16, 1978. The principal activities of the Company are production and trading of oxygen gas, dissolved acetylene and nitrogen gas. The manufacturing facilities are located at Hub Industrial Estate, Tehsil Hub in the province of Baluchistan.

The total numbers of shares are 7,502,510. The Earnings per share is (11.62) in 2020 which was (1.93) in 2019. The Company had a loss of Rs. 87,187,000 in 2020 which was 14,467,000 in 2019.