Material Information of Waves Home Appliances Limited

Karachi, Waves Home Appliances Limited informed Pakistan Stock Exchange that the company has received a notice from a shareholder that in accordance with the provisions of Section 246(3) of the companies Act, 2017 (the Act)., he intends to propose the appointment of M/s RSM Avais Hyder Liaquat Nauman, Chartered Accountants, at Islamabad, In place of retiring Auditors for the year ending December 31, 2022 at the Annual General Meeting Scheduled to be held on August 29, 2022 at Lahore.

Samin Textiles Limited is a public limited company belonging to a leading industrial group based in Pakistan is offering a wide range of textile products. Samin Textiles Limited was incorporated in Pakistan on November 27, 1989 as a public limited company. The principal business of the Company is trading, import and export of textile products.

The total numbers of shares are 26,728,000. The Earnings per share is (0.07) in 2020 which was 3.41 in 20219. The Profit After Taxation in 2020 is (1,903,000) which was 91,152,000 in 2019.