Extraordinary general meeting of Quetta Textile Mills Limited

Business & Finance

Karachi, Quetta Textile Mills Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on January 23, 2023 at Karachi.

Resolved that the agenda of the meeting will be confirming the minutes of the annual general meeting held on October 28, 2022.

Resolved further, to elect seven directors, as fixed by the board of the company, for the next term of three years commencing from January 27, 2023.

Further, the closed period of the company is from January 16, 2023 to January 23, 2023 (both days inclusive).

Quetta Textile Mills Limited was incorporated in Pakistan as a Public limited Company on January 29, 1970. The company is principally engaged in manufacturing and sale of Yarn and Fabric.

The total numbers of shares are 13,000,000. The Earnings per share is (54.93) in 2020 which was (28.38) in 2019. The Company had a loss of Rs. 714,070,000 in 2020 which was 368,904,000 in 2019.

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