Karachi, Feroze 1888 Mills Limitedinformed Pakistan Stock Exchange about transaction of shares of the company. That Mr. Perwez Ahmed, Director of the Company has notified us regarding Gift of 160,000 shares of the Company to another shareholders of the Company on October 20, 2017 through Gift Deed.
Feroze 1888 is a company incorporated in Pakistan as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is principally engaged in production and export of towels. The company manufactures and exports specialized yarn and textile terry products in Pakistan. The company maintains ISO 9001:2008 certified quality standards. The company is partnered with 1888 Mills (USA) through which the company is recognized as a global manufacturer of quality textile products for home, hospitality and healthcare. The shares of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Karachi.
The symbol “FML” is being used by the stock exchanges for the shares of Feroze 1888 Mills Limited.