Karachi, Paramount Spinning Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 27, 2021 at Karachi.
The agenda of the meeting will to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2020 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending June 30, 2021 and fix their remuneration and to transact any other business with the permission of the chair.
Paramount Spinning Mills Limited principally engaged in progressive manufacture and sales of cotton yarn, fabric, yarn dyeing and garments.
The total number of shares are 17,352,330. The Earnings per share is (3.47) in 2020 which was (10.69) in 2019. The Company had a loss of Rs. 60,155,000 in 2020 which was 185,525,000 in 2019.