Pakistan Company News – Resignation of Nimir Industrial Chemicals Limited

Resignation of Nimir Industrial Chemicals Limited

Karachi, Nimir Industrial Chemicals Limited informed Pakistan Stock Exchange that Brig. (R) Waseem Zafar Iqbal, Director has submitted his resignation due to some personal reasons as director from the Board of Directors of the Company with effect from January 10, 2019.

Nimir Industrial Chemicals Limited, previously known as Ravi Alkalis Limited and owned by a local business family was incorporated in Pakistan on February 6, 1994. The foundations of the company are laid under the Companies Ordinance, 1984. Nimir Chemicals Company Limited, a Bermuda registered company, took over the management of the company in 1997 and consequently the name of the company was changed to Nimir Industrial Chemicals Limited in March 1998. The commercial operations of the company started from January 1, 2000. The principal activity of the company is manufacturing and sale of industrial chemical products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges. The registered office of the company is located in Faisalabad.

The symbol “NICL” is being used by the stock exchanges for the shares of Nimir Industrial Chemicals Limited.

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