Pakistan Company News – Material Information of Thal Limited

Material Information of Thal Limited

Karachi, Thal Limited informed Pakistan Stock Exchange that Mr. Mazhar Valjee, has tendered his resignation as Director from the Board of the Company with effect from close of business September 13, 2018. The Board of Directors have accepted Mr. Mazhar Valjee’s resignation as Director and thank him for his valuable services to the Board.

Thal Limited incorporated in Pakistan on January 31, 1966 as a public company limited under the Companies Ordinance, 1984. It operates under the umbrella of House of Habib Group. The company is engaged in the manufacturing of jute goods, engineering goods, paper sack and laminate sheets. The jute operations of the company are located at Muzaffargarh, engineering operations at Karachi, paper sack operations at Hub and Gadoon and laminate operations are located at Hub. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges.

The subsidiary companies of Thal Limited include Makro-Habib Pakistan Limited, Pakistan industrial aids private limited and Nobel computer services private limited.

The symbol “THALL” is being used by the stock exchange for the shares of Thal Limited.