Karachi, National Silk and Rayon Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Faisalabad on February 27, 2020.
The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2019 which portrayed a profit of Rs. 11,916,817 with earnings per share 0.77 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
The National Silk and Rayon Mills Limited is a Public Limited Company, incorporated under the Companies Ordinance 1984. The principal activity of the company is dyeing, bleaching, finishing and embroidery of fabrics. The company is quoted on Lahore and Karachi stock exchanges. The registered office of the company is located in Faisalabad.
The symbol “NSRM” is being used by the stock exchange for the shares of The National Silk and Rayon Mills.