Karachi, Synthetic Products Enterprises Limited informed Pakistan Stock Exchange that the buyback of shares regulations, 2019, of the company has purchased 9,986,801 ordinary shares of the company on February 17, 2023 trading session of Pakistan Stock Exchange.
Synthetic Products Enterprises Limited (SPEL) is a part of SPEL Group which provides one stop shopping to customers for plastic products.
With its three plants, one in Kotlakhpat two in Pandoki, Lahore, it is organized in the product lines of Molds and Dies Manufacturing, Automotive Parts, Food Packaging, Plastic Crates and Off Road Vehicle Parts.
SPEL now has a portfolio of varied products with a large client base. Supplies are made to assemblers and manufacturers of cars, tractors, motor cycles, electronic equipment, road construction equipment etc. We also provide Plastic Packaging for Food, Hair Care, Skin Care and Pharmaceutical products.
The symbol “SPEL” is being used by the stock exchange for the shares of Synthetic Products Enterprises Limited.