Karachi, Netsol Technologies Limited informed Pakistan Stock Exchange that the Board of Directors of the company in its meeting held on April 11, 2022, has decided to recommend to the members for their approval by passing a special resolution, the purchase of its issued ordinary shares of the company of the face value of Rs, 10/- each under Section 88 of the companies Act, 2017.
NetSol Technologies Limited was incorporated in Pakistan on August 22, 1996 as a private company limited by shares, was later on converted into public limited company. Main business of the Company is development and sale of computer software and allied services in Pakistan as well as abroad.
The total numbers of shares are 89,836,923. The Earnings per share is 2.73 in 2020 which was 13.86 in 2019. The Profit after Taxation is 244,840,000 in 2020 which was 1,243,484,000 in 2019.