Karachi, First Capital Equities Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 24, 2019.
The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2019 which portrayed a loss of Rs. 7,715,979 with loss per share 0.05 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
First Capital Equities Limited (the “Company”) was incorporated in Pakistan on January 26, 1995 as a private limited company, under the Companies Ordinance, 1984. The Company was converted into a public limited company on June 18, 1997 and is listed on Lahore Stock Exchange (Guarantee) Limited. The Company is a subsidiary of First Capital Securities Limited.
The symbol “FCEL” is being used by the stock exchange for the shares of First Capital Equities Limited.