Category: Board Meetings

Karachi, Crescent Cotton Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 06, 2021 at Faisalabad. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 27, 2021 to October 06, 2021.

The Crescent Cotton Mills Limited is a public limited company incorporated in March, 1959 in Pakistan. The company is engaged in the business of textile manufacturing comprising of spinning, combing, weaving, dyeing, bleaching, printing, stitching, buying, selling and otherwise dealing in yarn, cloth and other goods and fabrics made from raw cotton and synthetic fiber and to generate, accumulate, distribute, supply and sale of electricity.

The total shares of the Company are 80,000,000. The Earnings per share 0.42 in 2020 which was 2.98 in 2019. The Profit after Taxation is 33,599,000 in 2020 which was 238,589,000 in 2019.

Karachi, B.F. Modaraba informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 05, 2021 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 28, 2021 to October 05, 2021.

The Company was formed under the Modaraba Companies and Modaraba (Floatation and Control) Ordinance, 1980 and the rules framed thereunder.

The Modaraba is managed by E. A. Management (Pvt.) Limited (Modaraba Management Company). It is perpetual multi-purpose modaraba and is primarily engaged in ijarah, investments, trading, and musharaka and murabaha transactions.

The Stock of the Company are quoted on Pakistan Stock Exchange and the symbol for the shares “BFMOD” is being used.

The number of shares the company has introduced are 7,515,158. The Earnings per shares in 2020 is 0.35 compare to 0.39 in 2019. The profit after taxation in 2020 is 2,657,000 which was (2,929,000) in 2019.

Karachi, First Imrooz Modaraba informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 04, 2021 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 27, 2021 to October 04, 2021.

First Imrooz Modaraba (FIM) was formed on September 27, 1993. It is managed by A R Management Services (Private) Limited. The Modaraba is a multipurpose, perpetual Modaraba and is mainly engaged in domestic and international trading activities.

The total numbers of shares are 3,000,000. The Earnings per share is 11.70 in 2020 which was 8.44 in 2019. The Profit after Taxation is 35,115,000 in 2020 which was 25,312,000 in 2019.

Karachi, Air Link Communication Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 04, 2021 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 27, 2021 to October 04, 2021.

Air Link Communication (Pvt.) Limited was incorporated in January 02, 2014 and was converted into a public limited company w.e.f. April 24, 2019. The Company imports and distributes mobile phones & accessories in Pakistan.

Karachi, Shahzad Textile Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 05, 2021 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 27, 2021 to October 05, 2021.

Shahzad Textile Mills Limited was incorporated in 1978. The Company is domiciled in Pakistan and principle business of the Company is to manufacture and deal in all types of yarn.

The total numbers of shares are 17,971,372. The Earnings per share is 2.54 in 2020 which was 7.27 in 2019. The Profit after Taxation is 45,602,000 in 2020 which was 130,726,000 in 2019.

Karachi, Redco Textiles Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 05, 2021 at Islamabad. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 28, 2021 to October 05, 2021.

Redco Textiles Limited is a Public Limited Company which commenced operations in October 1991. It was incorporated. Redco’s principal activities include manufacture and sale of yarn and greige fabric.

The total numbers of shares are 49,292,600. The Earnings per share is 0.43 in 2020 which was 0.02 in 2019.The Profit after Taxation of the Company is 20,953,000 in 2020 which was 942,000 in 2019.

Karachi, The Searle Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 04, 2021 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 28, 2021 to October 04, 2021.

The Searle Company Limited was incorporated in Pakistan as a private limited company in October 1965. In November 1993, the Company was converted into a public limited company. Its shares are quoted on the Pakistan Stock Exchange. The Company is principally engaged in the manufacture of pharmaceutical and other consumer products. International Brands Limited is its holding company.

The total numbers of shares the company has introduced so far are 240,040,526. The Earnings per share is 11.56 in 2020 which was 12.44 in 2019. The Profit After Taxation is 2,455,077,000 in 2020 which was 2,641,946,000 in 2019.

Karachi, Landmark Spinning Industries Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 04, 2021 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 27, 2021 to October 04, 2021.

Landmark Spinning Industries Limited was incorporated in Pakistan, as a private Limited Company on October 21. 1991 and was converted into a public limited company on April 30, 1992 under the Companies Ordinance, 1984 and its share are listed in Stock Exchanges in Pakistan. The registered office of the Company is located at 1st floor, cotton Exchange Building, I.I. Chundigar Road, Karachi, Pakistan; while its manufacturing facilities are located at Winder Baluchistan, Pakistan. The Principal activity of the Company is Manufacturing and sale of Yarn.

The company commenced its commercial operation, from 2001 after reactivation of plant which remained idle for the seven years. However, the company again suspended its production on November 29, 2002 to forestall the recurring losses on account of electricity breakdowns and frequent Load shedding stop gap arrangement was made to suspend operations for the time being until the market trends becomes conducive for positive results.

The symbol “LMSM” is being used by the stock exchanges for the Landmark Spinning Industries Limited

Karachi, Grays of Cambridge (Pakistan) Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 01 , 2021 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 24, 2021 to October 01, 2021.

Grays Of Cambridge (Pakistan) Limited was incorporated as a private limited went public in April 1986 and was listed on Karachi and Lahore Stock Exchanges in January 1987. Later, the Company co-sponsored a leasing company named GRAYS LEASING LIMITED, listed on Karachi and Lahore Stock Exchanges with an equity capital of 100 million Rupees. The registered office of the Company is situated at Small Industries Estate, Sialkot. The Company is engaged in manufacturing and sale of hockey sticks, cricket ball and other quality sports goods.

The symbol “GRAYS” is being used by the stock exchange for the shares of Grays Of Cambridge (Pakistan) Limited.

Karachi, Gharibwal Cement Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 02, 2021 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 24, 2021 to October 02, 2021.

The Company was incorporated in Pakistan on December 29, 1960 as a Public Limited Company. It is principally engaged in production and sale of cement. The plant is located in Ismailwal, Pind Dadan Khan Tehsil, Chakwal District, Punjab Province, Pakistan.

Head office of the Company is situated at Pace Tower, 1st Floor 27 H-Block, College Road, Gulberg-II, and Lahore, Pakistan.

The total numbers of shares are 400,273,960. The Earnings per share is 0.33 in 2020 which was 1.84 in 2019. The Profit after Taxation is 131,317,000 in 2020 which was 736,412,000 in 2019.

Karachi, Hamid Textile Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 02, 2021 at Lahore. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2021.

Further, the company has declared the closed period from September 25, 2021 to October 03, 2021.

The Company was incorporated in Pakistan on April 09, 1987 as Private Limited Company and was subsequently converted on February 15, 1988 in public Limited Company. The principal activity of the company is manufacturing and sale of Yarn and Grey fabric. HATM is a composite unit that comprises of spinning and weaving units.

The total numbers of shares are 13,271,600. The Earnings per share is (1.09) in 2020 which was (2.10) in 2019. The Company had a loss of Rs. 14,522,000 in 2020 which was 27,922,000 in 2019.

Karachi, Baluchistan Glass Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on October 01, 2021 at Lahore. The agenda of the meeting will to consider and approve the financial statements for the year ended June 30, 2021.

Further, the company has declared the closed period from September 24, 2021 to October 01, 2021.

Baluchistan Glass Limited was incorporated in Pakistan as a public limited company in 1980. The Company is engaged in manufacturing and sale of glass containers, glass table wares and plastic shells. The BGL Unit I manufacturing facility is located at Hub in Baluchistan, approximately 35 km from Karachi. BGL-II (Ex-Ravi) & BGL-III (Ex- Rachna), taken over in December 2002, are both located on the Lahore Sheikhapura Road.

The total capabilities of these units is 36,000 tons, 75,000 tons and 22000 tons per annum respectively, and they produce various types of narrow and wide neck glass containers for soft drinks , juices, food, pharmaceuticals and breweries in flint, green & amber and tableware.

The total number of shares are 261,600,000. The Earnings per share is (1.77) in 2020 which was (0.52) in 2019. The Company had a loss of Rs. 464,205,000 in 2020, which was 135,623,000 in 2019.