Karachi, Gillette Pakistan Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 26, 2021 at Karachi.
The agenda of the meeting will be confirming the minutes of Annual General Meeting held on June 25, 2021, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.
The Company was incorporated as a public limited company on December 09, 1986 and is a subsidiary of Series Acquisition B.V., Netherlands, which is a wholly owned subsidiary of P&G, USA. The parent company holds 91.4% of the issued share capital of the Company while rest of the share capital is held by other individuals and corporate.
The principal activities of the Company include marketing and selling of blades and razors.
Gillette Pakistan Limited Company is listed on Pakistan Stock Exchange Limited. The total number of shares of the Company are 31,872,000. Its Earnings per shares is 11.57 in 2020 which was 8.56 in 2019. Their Profit after Taxation is 222,124,000 in 2020 which was 164,393,000 in 2019.