Category: Elections / Appointments

Karachi, Gul Ahmed Textile Mills Limited informed Pakistan Stock Exchange about election of directors of the company in the forthcoming extraordinary general meeting held on March 31, 2023 at Karachi.

“Gul Ahmed Textile Mills Limited was established in the year of 1953. The company was incorporated in Pakistan on April 01, 1953 and listing in the Karachi Stock Exchange in 1970. The manufacturing wing is an essential component in Gul Ahmed’s operations. The manufacturing cycle, which includes spinning, weaving, processing, designing and stitching, results in an end product.

With an installed capacity of more than 51,840 spindles, 300 state-of-the-art weaving machines and yarn dyeing, processing & stitching units, Gul Ahmed is a composite unit – making everything from cotton yarn to finished products. Gul Ahmed has its own captive power plant comprising of gas engines, gas & steam turbines, and backup diesel engines. Gul Ahmed has also set up a waste water treatment plant to treat 100% of its effluent, bringing it to NEQS levels.

Gul Ahmed Textile Mills Limited is listed on Pakistan Stock Exchange, quoted shares of it that are 513,353,556. The Earnings per shares of the Company is (1.12) in 2020 which was 8.44 in 2019. The Profit after Taxation in 2020 was (479,365,000) which was 3,609,220,000 in 2019.”

Karachi, Frontier Ceramics Limited informed Pakistan Stock Exchange that the seven members have been re-elected as directors of the company in their Extraordinary General Meeting held on March 15, 2023.

The announcement is available at:

https://dps.psx.com.pk/download/document/204261.pdf

Frontier Ceramics Limited was incorporated in July 1982 as a Public Limited Company. The Company is engaged in the manufacturing of tiles with brand name “FORTE”. The Principle activities of the company are manufacturing of ceramic tiles, sanitary wares and related ceramic products.

The shares of the Company are 37,873,821. The Earnings per shares of the Company is 1.16 in 2020 which was (2.34) in 2019. Their profit after Taxation is 43,852,000 in 2020 which was (88,474,000) in 2019.

Karachi, ICC Industries Limited informed Pakistan Stock Exchange that the seven members have been elected as Directors of the Company in their Extraordinary General Meeting.

ICC Industries Limited, previously ICC Textiles Limited, manufactures and sells grey fabric and rents out vacant buildings and / or open area of the company’s premises.

Karachi, Reliance Cotton Spinning Mills Limited informed Pakistan Stock Exchange about the Seven person have filed their intention to contest the Election of Directors of the company at the extraordinary general meeting held on February 25, 2023.

“Reliance Cotton Spinning Mills Limited was incorporated in Pakistan on June 13, 1990 as a public limited company. The principal activity of the Company is manufacturing and sale of yarn.

Reliance cotton spinning mills ltd. Sapphire group had installed the Latest Machinery with capacity to produces Premium quality yarn from 6 Ne to 80 Ne (single & double), plied, Slubs, mélanges, blends and variety of other yarns from Special Fibers.

The total numbers of shares are 10,292,000. The Earnings per share is 26.64 in 2020 which was 37.96 in 2019. The Profit after Taxation is 274,182,000 in 2020 which was 390,682,000 in 2019.”

Karachi, Nadeem Textile Mills Limited informed Pakistan Stock Exchange that the nine members have filed themselves as Directors of the Company in their Extraordinary General Meeting will be held on March 20, 2023 at Karachi.

Nadeem Textile Mills Limited was incorporated in Pakistan as public limited company on July 15, 1984. The main business of the Company is manufacture and sale of yarn.

The group is equipped with a total of 72,192 spindles and has established its own power generation plant. The plant provides stable electric power supply to the mill. In addition to selling its yarn locally, the company regularly supplies its yarns to Far East Asia, Europe, Turkey, South East Asia and South Asia markets.

The total numbers of shares are 21,511,985. The Earnings per share is 0.91 in 2020 which was 10.42 in 2019. The Profit after Taxation is 17,545,000 in 2020 which was 200,160,000 in 2019.

Karachi, Khyber Tobacco Company Limited informed Pakistan Stock Exchange that the seven members have been elected as Directors of the company in their Extraordinary General Meeting held on February 16, 2023.

Khyber Tobacco Company Limited is a public limited company incorporated in Pakistan on October 15, 1954. The Company is engaged in the manufacture and sale of cigarettes and re-drying of tobacco for almost 6 decades.

Khyber Tobacco Company is listed on Pakistan Stock Exchange Limited with the total number of shares which are 4,807,200. The Earning per shares of the Company is 8.02 in 2020 which was (7.96) in 2019. The Profit after Taxation of the Company is 38,537,000 in 2020 which was (38,267,000) in 2019.

Karachi, Redco Textiles Limited informed Pakistan Stock Exchange that the seven members have filed with the company notices of their intention to offer themselves for election as Directors of the company in the Extraordinary General Meeting to be held on February 10, 2023 at Islamabad.

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.

Below the Links are provided from where information is compiled:

Karachi, Mahmood Textile Mills Limited informed Pakistan Stock Exchange that the seven members were declared as elected Directors of the company for a term of next three years in the Extraordinary General Meeting held on January 31, 2023.

Mahmood Textile Mills Limited is a fully integrated organization. The company’s shares are quoted on Stock Exchange. The company’s registered Head Office is located at Mehr Manzil Lohari Gate Multan. The company’s mills are situated at Mahmoudabad, Multan Road, Muzaffargarh, and Masoodabad, D.G. Khan Road, Muzaffargarh.

The symbol “MEHT” is being used by the stock exchange for Mahmood Textile Mills Limited.

Karachi, Nagina Cotton Mills Limited informed Pakistan Stock Exchange that ten members have been elected as directors of the Company for next term of three years in the Extraordinary General Meeting held on January 28, 2023.

“Nagina Cotton Mills Limited was incorporated in Pakistan on May 16, 1967 as a public limited company. The principal business of the Company is manufacture and sale of yarn.

The total numbers of shares are 18,700,000. The Earnings per share is 0.41 in 2020 which was 16.50 in 2019. The Profit after Taxation is 7,629,000 in 2020 which was 308,620,000 in 2019.”

Karachi, Prosperity Weaving Mills Limited informed Pakistan Stock Exchange that the ten members have been elected as Directors of the company for the next term of three years commencing from January 26, 2023 at the Extraordinary General Meeting held on January 26, 2023.

Prosperity Weaving Mills Limited was incorporated in Pakistan on November 20, 1991 as a public limited company. The principal activity of the Company is manufacturing and sale of woven cloth.

The total number of shares are 18,480,000. The Earnings per share is 8.37 in 2020 which was 11.37 in 2019. The Profit after Taxation is 154,755,000 in 2020 which was 210,034,000 in 2019.

Karachi, Ellcot Spinning Mills Limited informed Pakistan Stock Exchange that the ten members have been elected as Directors of the company for the next term of three years commencing from January 26, 2023 at the Extraordinary General Meeting held on January 26, 2023.

Ellcot Spinning Mills Limited was incorporated in Pakistan as a Public Limited. The company is a spinning unit engaged in the manufacture and sale of yarn.

The total numbers of shares are 10,950,000. The Earnings per share is 20.63 in 2020 which was 18.70 in 2019. The Profit after Taxation of the Company is 225,879,000 in 2020 which was 204,769,000 in 2019.

Karachi, MCB-Arif Habib Savings and Investments Limited informed Pakistan Stock Exchange that the seven members have filed themselves, for the election of directors for the next term of three years at the extraordinary general meeting to be held on February 06, 2023 at Karachi.

MCB-Arif Habib Savings and Investments Limited was incorporated in the name of Arif Habib Investment Management Limited (AHIML) on 30 August 2000 as an unquoted public limited company.

During 2008, AHIML was listed on the Karachi Stock Exchange Limited (now integrated into the Pakistan Stock Exchange Limited) by way of offer for sale of shares by a few of its existing shareholders to the general public. In the same financial year, the name of AHIML was changed from “Arif Habib Investment Management Limited” to “Arif Habib Investments Limited” (AHIL).

The total numbers of shares are 72,000,000. The Earnings per share is 5.23 in 2021 which was 3.58 in 2020. The Profit after Taxation is 376,434,000 in 2021 which was 257,669,000 in 2020.