Karachi, Rupali Polyester Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on February 24, 2018.
The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2017 which portrayed a profit of Rs. 66,146 with earnings per share 1.94 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 24, 2018 (both days inclusive).
Rupali Polyester Limited is a company incorporated in Pakistan as a Public Limited Company on May 24, 1980. The foundation of the company is laid under the Companies Ordinance, 1984. The principal activity of the company is manufacture and sale of polyester and related products. The stocks of the company are quoted on the Karachi, Islamabad and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Lahore.
The symbol “RUPL” is being used by the stock exchange for the shares of Rupali Polyester Limited.