Karachi, Azgard Nine Limited informed Pakistan Stock Exchange about transaction of shares of the company. 501,000 shares @ Rs. 8.17 per share were bought from the market on December 15, 2022 through CDC.
The Company was incorporated in Pakistan on January 20, 1993, like a public limited company under the name ‘Indigo Denim Mills Limited’ and obtained a Certificate for Commencement of Business on January 27, 1994. The name was changed to ‘Legler-Nafees Denim Mills Limited’ on 28-02-1994 and subsequently to the present name i.e. ‘Azgard Nine Limited’ on April 07, 2004.
The Principal activities of the Company is composite Spinning, weaving dyeing and stitching unit engaged in the manufacturing of yarn, denim and denim products.
The company is listed on Pakistan Stock Exchange, and also the shares of it are quoted using “ANL” as symbol.
The total number of shares the company has issued are 485,409,731. Earning Per Share has decreased in 2020 and is (0.84) compared to 0.67 in 2019. The Profit After Taxation in 2020 has also decreased and is (389,449,000) which was 305,312,000 in 2019.