Karachi, Sapphire Fibres Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on July 20, 2020 at Karachi.
The agenda of the meeting will be confirming the minutes of the annual general meeting held on October 25, 2019 and to elect nine Directors as fixed by the Board under section 159 (1) of the Companies Act, 2017 for three years.
Further, the closed period of the company is from July 14, 2020 to July 20, 2020 (both days inclusive).
Sapphire Fibres limited is a public limited company incorporated in Pakistan in 1979. The foundation of the company is laid under the Companies Ordinance, 1984. The company is principally engaged in manufacture and sale of yarn, fabrics and garments. The stocks of the company are quoted on Karachi, Lahore and Islamabad Stock Exchanges of Paksitan. The registered office of the company is located at Karachi.
Manufacturing units of the company are located in the province of Punjab at Lahore consisting of 99,024 spindles, 9 fabric dyeing, 9 yarn dyeing, 92 knitting and 282 stitching machines.
The symbol “SFL” is being used by the stock exchanges for the shares of Sapphire Fibres Limited.