Karachi, Indus Dyeing and Manufacturing Company Limited informed Pakistan Stock Exchange that the Company is being a public company listed on the Pakistan Stock Exchange Limited submit our application as allowed under provision to Section 237(1) of the Companies Act, 2017 (the Act) for grant of extension in the period for filing of accounts for first quarter ended September 30, 2022 for thirty days i.e. upto November 29, 2022.
The Securities and Exchange Commission of Pakistan has already allowed AGM extension of thirty days (i.e. upto November 27, 2022) in terms of Sections 132 and 223 of the Act vide their approval letter X. SMD/PRDD/Comp/ (82)/2022/336 dated October 10, 2022 for holding of Annual General Meeting and laying therein the Annual Audited Financial Statements for the year ended June 30, 2022.
Indus Dyeing and Manufacturing Company Limited were incorporated in Pakistan on July 23, 1957 as a public limited Company. The principal activity of the company includes manufacturing and sale of yarn.
The manufacturing facilities of the company are located in Karachi, Hyderabad and Muzaffargarh. The company is also operating two ginning units.
The shares of the Company are 54,221,193. The Earnings per shares of the Company is 52.76 in 2020, which was 95.40 in 2019. Their Profit after Taxation is 953,617,000 in 2020, which was 1,724,254,000 in 2019.
The symbol “IDYM” is used by the stock Exchange for trading the shares of lndus Dyeing & Manufacturing Company Limited.