Karachi, Ishaq Textile Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 31, 2016 at Faisalabad. The agenda of the meeting will to consider the un-audited accounts for the 1st quarter ended September 30, 2016 and to consider any other business with permission of the Chair.
Further, the Company has declared the closed period from October 24, 2016 to October 31, 2016
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.