Karachi, GOC (Pak) Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on September 18, 2020.
The agenda of the meeting was discussion of profit and loss account for year ended June 30, 2020 which portrayed a profit of Rs. 18,879,446 with earnings per share 2.57 basic and diluted respectively.
Further, 10% payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from October 07, 2020 to October 14, 2020 (both days inclusive).
GOC (Pak) Limited was incorporated in Pakistan on 02 June 1964 as a private Company limited by shares under the Companies Act, 1913 (Now Companies Act, 2017) and converted into a public limited company on April 17, 1986. The Company is engaged in manufacturing and sale of hockey sticks, cricket ball and other quality sports goods.