Lahore, March 24, 2016 (PPI-OT):Punjab Chief Minister Muhammad Shahbaz Sharif has said that provincial government has taken a lead by setting up Dolphin Force first time in the history of […]

Islamabad, March 24, 2016 (PPI-OT):The Securities and Exchange Commission of Pakistan (SECP) is organizing a national seminar on the Draft Companies Bill, 2016 on March 26 (Saturday). Mr. Mohammad Ishaq […]

Islamabad, March 24, 2016 (PPI-OT):Prime Minister Muhammad Nawaz Sharif chaired a meeting on the Aviation affairs at PM House today. The meeting was attended by Minister for Finance Mr. Muhammad […]

Islamabad, March 24, 2016 (PPI-OT):Pakistan High Commission London organized a reception at a local hotel in London, on 23 March 2016, to celebrate 76th Pakistan Day. Mr Tobias Ellwood Parliamentary […]

New Delhi, March 24, 2016 (PPI-OT):On February 17, a group of officials from the Indian intelligence agencies RAW and the Intelligence Bureau (IB) walked into detention cell of Kashmiri intellectual, […]

Srinagar, March 24, 2016 (PPI-OT):In occupied Kashmir, the Jammu and Kashmir Salvation Movement held prayer meeting in Srinagar on Pakistan Day. The JKSM Chairman Zafar Akbar Butt in a statement […]

Karachi: Pak Elektron Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 31, 2016 at Lahore. The agenda of the meeting is to consider Annual Audited Accounts of the Company for year ended December 31, 2015. Further, the Company has declared the closed period from March 25, 2016 to March 31, 2016 (both days inclusive). Pak Elektron Limited was incorporated in Pakistan on March 03, 1956 as a public limited company. The foundations of the company are developed under the Companies Ordinance, 1984. The principal activity of the company is manufacturing and sale of electrical capital goods and domestic appliances. It is currently organized into two main operating divisions the power division and appliances division. The stocks of the company are quoted on the Karachi Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located at Lahore. The activities of the company in the power division include manufacturing and distribution of transformers, switchgears, energy meters, power transformers, construction of grid stations and electrification works. The appliance division is associated with manufacturing, assembling and distribution of refrigerators, air conditioners, microwave ovens, televisions, generators and washing machines. The symbol “PAEL” is being used by the stock exchanges for the shares of Pak Elektron Limited.