Pakistan Company News – Extraordinary general meeting of Blessed Textiles Limited to be held on December 29, 2018

Extraordinary general meeting of Blessed Textiles Limited to be held on December 29, 2018

Karachi, Blessed Textiles Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on December 29, 2018 at Karachi.

The agenda of the meeting will be confirming the minutes of the 31st Annual General Meeting held on October 25, 2018, to elect Directors of the Company for a period commencing from December 29, 2018 till December 28, 2021 in terms of section 159 of the Companies Act, 2017 and to transact any other business with the permission of the chair.

Further, the closed period of the company is from December 22, 2018 to December 29, 2018 (both days inclusive).

Blessed Textiles Limited is a Pakistan-based company engaged in manufacture of textile products. The Company is primarily a spinning unit engaged in the manufacture and sale of yarn and woven fabric. The Company is also engaged in the generation of electricity for self consumption. The Company’s segments include Spinning, Weaving and Power. The Company’s Spinning segment is engaged in manufacture of yarn. The Company’s Weaving segment is engaged in manufacture of fabric. The Company’s Power segment is engaged in generation of electricity. The Company’s manufacturing facility is located at District Sheikhupura in the Province of Punjab.

The symbol “BTL” is being used by the stock exchanges for the shares of Blessed Textiles Limited.