Karachi, Maqbool Textile Mills Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 24, 2018 at Multan. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended December 31, 2017.
Further, the company has declared the closed period from February 18, 2018 to February 24, 2018.
The Group started its operations in 1958 with the incorporation of a yarn spinning unit Allawasaya Textile and Finishing Mills Limited. Since then the group has not only expanded its operations in Yarn Spinning but also diversified into other fields such as Cotton Ginning, Oil Extraction, Flour Milling and various other trade related activities.
Currently, Maqbool Group has Five Textile Spinning Mills, four Ginning Factories, an Oil Extraction Plant and a Flour Mill. Future expansion plan of the Group includes a Textile Weaving Unit, Ghee Mill and Feed Mill.
The symbol “MQTM” is being used by the stock exchange for Maqbool Textile Mills Limited.