Extraordinary general meeting of Reliance Cotton Spinning Mills Limited

Karachi, Reliance Cotton Spinning Mills Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on December 27, 2022 at Karachi.

Further, the closed period of the company is from December 21, 2022 to December 27, 2022 (both days inclusive).

“Reliance Cotton Spinning Mills Limited was incorporated in Pakistan on June 13, 1990 as a public limited company. The principal activity of the Company is manufacturing and sale of yarn.

Reliance cotton spinning mills ltd. Sapphire group had installed the Latest Machinery with capacity to produces Premium quality yarn from 6 Ne to 80 Ne (single & double), plied, Slubs, mélanges, blends and variety of other yarns from Special Fibers.

The total numbers of shares are 10,292,000. The Earnings per share is 26.64 in 2020 which was 37.96 in 2019. The Profit after Taxation is 274,182,000 in 2020 which was 390,682,000 in 2019.”