Pakistan Company News

Annual general meeting of Allawasaya Textile and Finishing Mills Limited to be held on October 27, 2018

Karachi, Allawasaya Textile and Finishing Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on October 27, 2018 at Multan.

The agenda of the meeting will be confirming the minutes of Extraordinary General Meeting held on May 25, 2018, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended June 30, 2018 together with the Directors and Auditors Reports thereon, to consider and approve the distribution of cash dividend @ 37.50% (Rs. 3.75 per share) as recommended by the Board for the year ended June 30, 2018, to appoint auditors and fix their remuneration for the financial year ending June 30, 2019 and to transact any other business with the permission of the chair.

Further, the closed period of the company is from October 20, 2018 to October 27, 2018 (both days inclusive).

Allawasaya Textile and Finishing Mills Limited is a company incorporated in Pakistan on March 31, 1958 as a Public Limited Company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is a producer of cotton yarn.

The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Multan.

The symbol “AWTX” is being used by the stock exchanges for the shares of Allawasaya Textile and Finishing Mills Limited.

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