Karachi, Aruj Industries Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on March 31, 2018 at Lahore.
The agenda of the meeting will be confirming the minutes of the Annual General Meeting held on October 27, 2017 and to consider and elect seven directors in accordance with the provisions of section 159(2) of the Companies Act, 2017 for the next term of three years.
Further, the closed period of the company is from March 24, 2018 to March 31, 2018 (both days inclusive).
Aruj Industries Limited is a company incorporated in Pakistan as a public limited company. It was formerly known as Aruj Garment Accessories Limited. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacturing and selling of Woven Fusible Interlining in Pakistan. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges in Pakistan. The registered office of the company is located at Lahore.
The company is primarily producing Fusible Interlining and is supplying more than 75% of Pakistan’s demand making it the largest manufacturer of Fusible Interlining (Buckram) in Pakistan. Other than Fusible Interlining, the company has installed a complete dyeing and processing set up for Woven Garments Manufacturers. The company has a combined set up of producing more than 35 Million linear meters per annum of Fusible Interlining and Dyed/Processed Fabric. It has a stitching facility approved by SEDEX with a capacity of 150,000 pieces per month, specializing in fashion garments, Non-Denim and Denim regularly exported to renowned retail chain stores in Europe.
The quality standard of the company is ISO-9000 certified and holds the Best Export Performance Trophy from the Government of Pakistan.
The symbol “ARUJ” is being used by the stock exchanges for the shares of Aruj Industries Limited.