Karachi, Ruby Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on November 29, 2019.
The agenda of the meeting was discussion of profit and loss account for quarter ended September 30, 2019 which portrayed a loss of Rs. 19,811,895 with loss per share 0.38 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 November 22, 2019 to November 29, 2019 (both days inclusive).
Ruby Textile Mills Limited is a company incorporated in Pakistan on October 18, 1980 as a private limited company which was subsequently converted into a public limited company. The principal business of the company is manufacturing and sale of yarn. The manufacturing units are located in Raiwind in the province of Punjab. The stocks of the company are quoted on the Karachi and Lahore Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi.
The symbol “RUBY” is being used by the stock exchanges for the shares of Ruby Textile Mills Limited.