Karachi, Gadoon Textile Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on November 10, 2017 at Karachi to discuss implications of various tax and corporate matters and to discuss other regulatory and financial approvals required for strategic investment as well as to consider whether or not to declare entitlements.
Further, the company has declared the closed period from November 03, 2017 to November 10, 2017
Gadoon Textile Mill Limited was incorporated in Pakistan on February 23, 1988. The commercial production of the business started in 1990. It is a public limited company under the Companies Ordinance, 1984. The company is engaged in the business of manufacturing and selling yarn. The registered office of the company is located in district Swabi. The manufacturing facilities of the company are located near Gadoon and Nooriabad near Karachi. The stocks of the company are quoted on the Karachi and Islamabad Stock Exchanges of Pakistan.
The products which are manufactured by the company include compact yarn, murata jet spinning yarn, core spun yarn, compact core spun yarn, grey cotton, ring spun yarn, synthetic yarn and poly cotton yarn.
The symbol “GADT” is being used by the stock exchange for the shares of Gadoon Textile Mill Limited.