Material Information of Nina Industries Limited

Karachi, Nina Industries Limited informed Pakistan Stock Exchange that the Honorable High Court of Sindh at Karachi has approved/sanctioned as prayed and has sanctioned the scheme of Arrangement between the Company and Specific Creditors (Secured Creditors).

Nina Industries Limited is a Textile Composite Company, incorporated in Pakistan. The Company is located in Karachi, and is listed on Pakistan Stock Exchange along with the Symbol of NINA. The total numbers of shares are 24,200,000. The Earnings per share is (5.53) in 2016 which was (3.09) in 2015. The Company had a loss of Rs. 133,746,000 in 2016 which was 74,894,000 in 2015.