Material Information of Zahoor Cotton Mills Limited

Karachi, Zahoor Cotton Mills Limited informed Pakistan Stock Exchange that the Board of Directors held a meeting on 18th August, 2022 and following was discussed and approved: The Directors have appointment of M/S Amin & Company, Chartered Accountants, as the statutory auditors of the Company for the financial year ended June 30, 2022 under section 246(6) of the Companies Act, 2017.

Zahur Cotton Mills Limited was incorporated in Pakistan on April 21, 1990 as a public limited Company. The principal activity of the Company is manufacturing and selling of grey fabric which continued to remain suspended during the Year. The total numbers of shares are 9,860,000. The Earnings per share is (0.54) in 2020 which was (0.18) in 2019.