Karachi, Lalpir Power Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on March 22, 2019.
The agenda of the meeting was discussion of profit and loss account for year ended December 31, 2018 which portrayed a profit of Rs. 747,472 with earnings per share 1.97 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 April 22, 2019 to April 30, 2019 (both days inclusive).
Lalpir Power Limited formerly known as AES Lalpir Private Limited
is in the business of electricity generation and distribution businesses. The
business of the company falls in the category of solar energy, fuel and energy.
The products of the company are plant spares and consumable chemicals,
electricity and power generation. The registered office of the company is
located in Lahore.
The symbol “LPL” is being used by the stock exchange for the shares of Lalpir Power Limited.