Karachi, Globe Textile Mills (OE) Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on April 23, 2018 at Karachi. The agenda of the meeting will to consider the Quarterly Accounts for the period ended December 31, 2016.
Further, the company has declared the closed period from April 16, 2018 to April 23, 2018.
Globe Textile Mills (OE) Limited was incorporated in 1980 and is listed in Pakistan Stock Exchange in Pakistan.
Since 1982. The Industrial Unit consisting of 2,800 Rotors with complete back process, Murata winders and Two for one doubling machine, is situated at Kotri (Sindh). The management changed and upgraded Manufacturing facilities from time to time as per market situation and demand. At the moment Unit Consists of 6 frames of SE 9 Autocoro consisting 1440 Rotors and 3 mg watt self generation power plant.
The quality of yarn manufactured is the best among the Open end units in Pakistan . The yarn produced by the Mills is being rated very high in the international as well as local markets. Company is registered as a public limited company out of few open end textile units. Company manufactures cotton yarn as well as polyester/ cotton yarn from 6/s to 16/s soft as well as hard.
The symbol “GOEM” is being used by the stock exchange for the shares of Globe Textile Mills (OE) Limited.