Karachi, Ishaq Textile Mills Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 20, 2018 at Faisalabad. The agenda of the meeting will to consider the Election Accounts for the period ended December 31, 2017.
Further, the company has declared the closed period from February 13, 2018 to February 20, 2018.
Arshad Group is the legendary tale of the growth and the development of one of the pioneer textile groups of Pakistan, dominating the national and international textile markets for more than six decades. Soon after Pakistan’s inception, Haji Muhammad Ishaq along with his four sons made his way into the textile industry by establishing a number of ginning mills. Thus, Arshad Group emerged on the industrial globe in 1954 with the set up of its first yarn trading company. After prospering in the domestic market, the Group ventured to make its way into the international market. The exports started in 1968 and owing to the enhanced universal requirements, the first textile mill was established in 1973.
The symbol “ISTM” is being used by the stock exchanges for the shares Ishaq Textile Mills Limited.