Material Information of Ghani Global Glass Limited

Material Information

Karachi, Ghani Global Glass Limited informed Pakistan Stock Exchange that the based on the special resolution passed in the Annual General Meeting of the Company held on October 28, 2020 and the contents of the application, the Securities and Exchange Commission of Pakistan in exercise of its powers under section 83 (1) (b) of the Companies Act, 2017 read with the Companies Regulations, 2020.

The Company was incorporated during October 2007 in the name of Ghani Tableware (Pvt) Limited. During July 2008 the company was converted into public company. During January 2009, name of the company was changed to GHANI GLOBAL GLASS LIMITED.

The company has been setting up a Brand New State-of-the-Art fully automated glass tubing manufacturing plant, f world’s top ranking European Brand. The installed capacity of the plant to produce international standard Glass Tubing up to 24 tons / per day.

Plant and machinery have been imported from world’s renowned manufacturers of glass manufacturing machinery from Italy, Japan, Germany, UK and China.

The symbol “GGGL” is being used by the stock exchanges for the shares Ghani Global Glass Limited.