Karachi, Shadab Textile Mills Limitedinformed Pakistan Stock Exchange that seven persons have been elected as Directors of the Company for a term of three years with effect from March 28, 2019 in accordance with the provisions of section 159 of the Companies Act, 2017 in the Extraordinary General Meeting of Shareholders of the Company held on March 28, 2019.
Shadab Textile Mills Limited is a public limited company
incorporated in Pakistan on August 19, 1979. The business of the company commenced
on November 18, 1979. The foundations of the company are laid under the
Companies Ordinance, 1984. The principal business activity of the company is
manufacturing and sale of all types of yarn products. The spinning plant of the
company is set at District Sheikhupura in the province of Punjab which went
into production in February, 1982. The shares of the company are quoted on
Karachi Stock Exchange of Pakistan. The registered office of the company is
located at Lahore.
The symbol “SHDT” is being used by the stock exchange for the shares of Shadab
Textile Mills Limited.
