Karachi, Karam Ceramics 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 loss of Rs. 21,429,668 with loss per share 1.47 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 15, 2018 to February 23, 2018 (both days inclusive).
Karam Ceramic Limited is a company incorporated in Pakistan on April 8, 1979 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacturing and selling of ceramic tiles. The stocks of the company are quoted on the Karachi and Lahore stock exchanges of Pakistan. The registered office of the company is located in Karachi.
The symbol “KCL” is being used by the stock exchanges for the shares of Karam Ceramics Limited.