Karachi, Dewan Automotive Engineering Limitedinformed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company on January 08, 2018 at Karachi. In this regard, that the subject meeting is in Progress.
Dewan Automotive Engineering Limited is a company incorporated in Pakistan on May 6, 1982. The commercial operations of the company commenced in August, 1983. It is a public Limited company the foundations of which are laid under the Companies Ordinance, 1984. The principal business of the company is assembly-cum progressive manufacture and sale of tractors, light commercial vehicles and motorcycles and trading/manufacturing of parts and implements related. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi. The factory of the company is located in Hub, Balochistan.
The symbol “DWAE” is being used by the stock exchanges for the shares of Dewan Automotive Engineering Limited.