Karachi, D.S. Industries Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on November 29, 2019.
The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2019 which portrayed a loss of Rs. 9,804,819 with loss per share 0.12 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
D.S. Industries Limited is a company incorporated in Pakistan as a private limited company on September 9, 1980. The company was converted into a public limited company with effect from February 21, 2005. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacturing and selling of yarn. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office and the company is situated at Lahore.
The symbol “DSIL” is being used by the stock exchange for the shares of D.S. Industries Limited.