Karachi, Thal Industries Corporation Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 24, 2020 at Lahore. The agenda of the meeting will to consider the 1st Quarterly Accounts for the period ended December 31, 2019.
Further, the company has declared the closed period from January 17, 2020 to January 24, 2020.
The Thal Industries Corporation Limited is a public limited company incorporated in Pakistan on September 7, 1953. The foundation of the company is formed under the Companies Ordinance, 1984. The company is principally engaged in production and sale of sugar and its by-products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Multan.
The company produces several grades of quality sugar and is involved in the co-generation to export surplus electricity to the national grid. The company has two sugar manufacturing units namely Layyah Sugar Mills with a crushing capacity of 12,000 TCD and Safina Sugar Mills with a crushing capacity of 7,500 TCD.
The symbol “TICL” is being used by the stock exchanges for the shares of the Thal Industries Corporation Limited.