Day: July 1, 2021

Karachi, Agritech Limited informed Pakistan Stock Exchange that Mr. Hafiz Mudassar Hassan Kamran has been appointed as Company Secretary of the Company with effect from July 01, 2021 in place of Ms. Fauzia Noorani.

Agritech Limited was incorporated in 1959. The principal business of the Company is production and sale of Urea and Granulated Single Super Phosphate fertilizer. The shares of Agritech Limited Pakistan are quoted in Pakistan Stock Exchange, and used the symbol “AGL” for the shares of the Company.

The total number of shares the company has issued so far are 392,430,000 where the Earnings Per Share in 2020 is (10.95) which was (1.66) in 2019. The Company had a loss of Rs. 4,296,900,000 in 2020 compared to a loss of Rs. 652,777,000 in 2019

Karachi, NBP Fund Management Limited informed Pakistan Stock Exchange that the Chief Executive Officer of the Company under the authority delegated by the Board of Directors of the Company has approved distribution. The unit holders whose names appear in the Register of the aforesaid Funds as at close of business on June 29, 2021. Will be entitled for the said distribution.

Unit holders whose names appear in the register of the Funds as at the close of the business on June 29, 2021.

NBP Fund Management Limited (NBP Funds) is one of the leading Asset Management Company (AMC) of Pakistan, managing over 15,600 Crores of investors’ savings in various investment solutions. The main sponsors of the company are National Bank of Pakistan (NBP) and Baltoro Growth Fund.

The company has been awarded the highest achievable investment management rating of AM1 (Very High Quality,) by PACRA. This rating is based on the company’s professional management team, the sound quality of systems and processes, sponsors’ strength and performance of funds under management.

Karachi, Indus Dyeing and Manufacturing Company Limited informed Pakistan Stock Exchange that Mrs. Fadia Kashif has been appointed as Director of the Company with effect from July 01, 2021 in place of Mian Riaz Ahmed.

Indus Dyeing and Manufacturing Company Limited were incorporated in Pakistan on July 23, 1957 as a public limited Company. The principal activity of the company includes manufacturing and sale of yarn.
The manufacturing facilities of the company are located in Karachi, Hyderabad and Muzaffargarh. The company is also operating two ginning units.

The shares of the Company are 54,221,193. The Earnings per shares of the Company is 52.76 in 2020, which was 95.40 in 2019. Their Profit after Taxation is 953,617,000 in 2020, which was 1,724,254,000 in 2019.

The symbol “IDYM” is used by the stock Exchange for trading the shares of lndus Dyeing & Manufacturing Company Limited.

Karachi, Siddiqsons Tin Plate Limited informed Pakistan Stock Exchange about transaction of shares of the company. 135,500 shares @ Rs. 19.20 per share were sold in the market on June 30, 2021, 40,500 shares @ Rs. 19.21 per share were sold in the market on June 30, 2021, 500 shares @ Rs. 19.22 per share were sold in the market on June 30, 2021, 25,500 shares @ Rs. 19.25 per share were sold in the market on June 30, 2021, 163,000 shares @ Rs. 19.30 per share were sold in the market on June 30, 2021, 7,000 shares @ Rs. 19.31 per share were sold in the market on June 30, 2021, 3,000 shares @ Rs. 19.33 per share were sold in the market on June 30, 2021, 26,500 shares @ Rs. 19.35 per share were sold in the market on June 30, 2021, 17,000 shares @ Rs. 19.37 per share were sold in the market on June 30, 2021 and 38,500 shares @ Rs. 19.40 per share were sold in the market on June 30, 2021 through CDC.

Siddiqsons Tin Plate Limited is a company operating in Pakistan established in 1999. The company was incorporated on January 29, 1996. The foundations of the company are laid under the Companies Ordinance, 1984. The company has collaboration with SOLLAC of France and Mitsubishi corporation of Japan. The factory of the company is located in Baluchistan with a production capacity of 120,000 tons per annum of Tin Plate. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The canning plant is located at Malir, Karachi.

The prioncipal activities of the companies includes manufacturing and sale of tin plates, cans and other steel products. The material is used by companies for making cans and containers for packaging of cooking oil, fruits, foods and vegetables, sea foods, beverages, lubricant oil and edible stuff etc. The company prepares its products using the Ferrostan process technology developed by US Steel.

The symbol “STPL” is being used by the stock exchanges for the shares of Siddiqsons Tin Plate Limited.

Karachi, Landmark Spinning Industries Limited informed Pakistan Stock Exchange that the Corporate Briefing Session 2020 and 2021 of the Company will be held on July 09, 2021 at Karachi, to brief the shareholders / analysts about the Company’s financial and future outlook.

Landmark Spinning Industries Limited was incorporated in Pakistan, as a private Limited Company on October 21. 1991 and was converted into a public limited company on April 30, 1992 under the Companies Ordinance, 1984 and its share are listed in Stock Exchanges in Pakistan. The registered office of the Company is located at 1st floor, cotton Exchange Building, I.I. Chundigar Road, Karachi, Pakistan; while its manufacturing facilities are located at Winder Baluchistan, Pakistan. The Principal activity of the Company is Manufacturing and sale of Yarn.

The company commenced its commercial operation, from 2001 after reactivation of plant which remained idle for the seven years. However, the company again suspended its production on November 29, 2002 to forestall the recurring losses on account of electricity breakdowns and frequent Load shedding stop gap arrangement was made to suspend operations for the time being until the market trends becomes conducive for positive results.

The symbol “LMSM” is being used by the stock exchanges for the Landmark Spinning Industries Limited

Karachi, Fauji Foods Limited informed Pakistan Stock Exchange that an Extraordinary General Meeting of the shareholders of the Company will be held at Lahore through video link on July 28, 2021 to transact, to confirm minutes of Annual General Meeting held on March 25, 2021.

Fauji Foods Limited (Formerly Noon Pakistan Limited) was incorporated in Pakistan on 26 September, 1966 as a Public Limited Company and its shares are quoted on Pakistan Stock Exchange Limited. In the private sector, Fauji Foods Limited (Formerly Noon Pakistan Limited) is the first Company in Pakistan to operate a Spray Dryer for processing of milk powder.

The symbol “FFL” is being used by the stock exchanges for the Fauji Foods Limited.

Karachi, Netsol Technologies Limited informed Pakistan Stock Exchange that al the shareholders of the Company having Physical folios/shares Certificates are requested to convert their shares from Physical form into Book entry from at earliest.

NetSol Technologies, Inc. (NASDAQ: NTWK) started its journey as a US based provider with a vision to create superior technology solutions. Relentlessly following our vision we now stand as one of the global leaders in IT Services and Enterprise Solutions.

Delivering quality and customization for over a period of four decades, we offer superior IT solutions that help streamline the operational needs of your business. With more than 150 satisfied clients in over 30 countries and 250 implementations globally, we understand the value of customizability and strive to continually deliver unprecedented solutions which cater directly to your business needs.

Karachi, Gul Ahmed Textile Mills Limited informed Pakistan Stock Exchange that the resolution passed and adopted by the shareholders of the Company at Extraordinary General Meeting held on June 29, 2021.

Gul Ahmed Textile Mills Limited was established in the year of 1953. The company was incorporated in Pakistan on April 01, 1953 and listing in the Karachi Stock Exchange in 1970. The manufacturing wing is an essential component in Gul Ahmed’s operations. The manufacturing cycle, which includes spinning, weaving, processing, designing and stitching, results in an end product.

With an installed capacity of more than 51,840 spindles, 300 state-of-the-art weaving machines and yarn dyeing, processing & stitching units, Gul Ahmed is a composite unit – making everything from cotton yarn to finished products. Gul Ahmed has its own captive power plant comprising of gas engines, gas & steam turbines, and backup diesel engines. Gul Ahmed has also set up a waste water treatment plant to treat 100% of its effluent, bringing it to NEQS levels.

Gul Ahmed Textile Mills Limited is listed on Pakistan Stock Exchange, quoted shares of it that are 513,353,556. The Earnings per shares of the Company is (1.12) in 2020 which was 8.44 in 2019. The Profit after Taxation in 2020 was (479,365,000) which was 3,609,220,000 in 2019.

Karachi, Sitara Peroxide Limited informed Pakistan Stock Exchange that they are not aware of any reasons which may have led to unusual movement in price or volume in the shares of the Company.

Sitara Peroxide Limited is a company incorporated in Pakistan on March 08, 2004 as a public limited company. The foundations of the company have been laid under the Companies Ordinance, 1984. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is situated at Karachi and the manufacturing facility is located at Faisalabad. The principal object of the Company is manufacturing and sale of Hydrogen Peroxide (H2O2).

The company is an achievement of the Sitara Group. The company has affiliations with foreign producers and suppliers which require ensuring International standard chemical available locally.

The symbol “SPL” is being used by the stock exchanges for the shares of Sitara Peroxide Limited.

Karachi, Crescent Star Insurance Company Limited informed Pakistan Stock Exchange that they are not aware of any such matter or development nor there is any material information which may have resulted in substantial increase in volume of the Company share.

Crescent Star Insurance Company Limited was established in 1957 and a registered Insurer with the Securities and Exchange Commission of Pakistan. The company is listed on Pakistan Stock Exchange (PSX) and is also a member of Insurance Association of Pakistan (IAP).

The Product portfolio of the Company has been underwriting general Insurer business of Fire, Marine Cargo, Motor, Livestock, Crop, Travel and Miscellaneous through its wide network of branches across Pakistan.

The number of shares the company has introduced are 107,695,041. The Earnings per share is 0.51 in 2020 which was 0.46 in 2019. The Profit after Taxation of the Company is 54,582,000 which was 49,133,000 in 2019.

Karachi, Burshane LPG Pakistan Limited informed Pakistan Stock Exchange that Quarterly Report of the Company for the period ended December 31, 2020 have been transmitted through PUCARS and is also available on Company’s website.

Burshane LPG Pakistan Limited is a company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the business of LPG. The products and services of the company include extraction and delivery of Liquid Petroleum Gas (LPG). The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi.

The symbol “BPL” is being used by the stock exchanges for the shares of Burshane LPG Pakistan Limited.

Karachi, Gillette Pakistan Limited informed Pakistan Stock Exchange that the progress of utilization of proceeds and related matter as required under the subject regulations.

Gillette Pakistan Limited is a company incorporated in Pakistan on December 9, 1986 as a public limited company. The foundations of the company have been laid under the Companies Ordinance, 1984. It is a subsidiary of the Series Acquisition B.V. Netherlands which is a wholly owned subsidiary of P&G, USA. The principal activities of the company includes marketing and selling of blades and razors, personal care products, household appliances and oral care products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Karachi.

The symbol “GLPL” is being used by the stock exchanges for the shares of Gillette Pakistan Limited.