Karachi, DewanMushtaq Textile Mills Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on February 23, 2018.
The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2017 which portrayed a profit of Rs. 138,952,811 with earnings per share 21.18 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from February 16, 2018 to February 23, 2018 (both days inclusive).
DewanMushtaq Textile Mills Limited is a company incorporated in Pakistan, as a public limited company on November 04, 1970. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is trading, manufacturing and sale of yarn. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located Karachi. Its manufacturing facility is located at Hyderabad.
The symbol “DKTM” is being used by the stock exchanges for the shares of Dewan Khalid Textile Mills Limited.