Karachi, Ishtiaq Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 30, 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. 7,288,092 with loss per share 1.71 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Ishtiaq Textile Mills Limited deals in Cotton Yarn having Golden Lion Brand. Their Production Capacity is 17280 Spindles and the Mill Installed has 17280 Spindles. Ishtiaque Textile Mills Limited is listed on Pakistan Stock Exchange.
The symbol “ISHT” is being used by the stock exchanges for the Ishtiaque Textile Mills Limited.