Karachi, Ibrahim Fibres Limitedinformed Pakistan Stock Exchange that as a result of Change of Management of the Company, the seven directors have resigned from the Board of Directors with effect from the Board of Directors with effect from January 30, 2018.
Ibrahim Fibres Limited is a company incorporated in Pakistan as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacture and sale of poltyester staple fibre and yarn. The manufacturing units are located at Faisalabad – Sheikhupura Road, in the Province of Punjab. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Lahore.
The symbol “IBFL” is being used by the stock exchange for the shares of Ibrahim Fibres Limited.