Karachi, Gulistan Textile Mills Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on January 09, 2018.
The agenda of the meeting was discussion of profit and loss account for year ended June 30, 2015 which portrayed a loss of Rs. 745,807,474 with loss per share 34.71 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 January 24, 2018 to January 31, 2018 (both days inclusive).
Gulistan Textile Mills Limited engages in the manufacture and sale of yarn in Pakistan and internationally. The company was incorporated in 1966 and is based in Lahore, Pakistan