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Monthly Archives: September 2016

Change of Secretary of Redco Textiles Limited

Karachi, Redco Textiles Limited informed Pakistan Stock Exchange about appointment of Mr. Monim Ul Haq as Secretary of the company with effect from September 06, 2016. Redco Textiles Limited is a company incorporated in Pakistan. It is a public limited company which commenced operations in October, 1991. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activities of the company include manufacture and sale of yarn and greige fabric. The shares of the company are quoted on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Islamabad. The symbol “REDCO” is being used by the stock exchange for the shares of Redco Textiles Limited.

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Financial results of Ashfaq Textile Mills Limited for period ended June 30, 2016

Karachi, Ashfaq Textile Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Faisalabad on September 30, 2016. The agenda of the meeting was discussion of profit and loss account for the year ended June 30, 2016 which portrayed a profit of Rs. 3,120,057 with earnings per share 0.09 basic and diluted respectively. Further, nil payment of cash dividend, bonus shares and right shares was agreed. Furthermore, the share transfer books of the company will remain closed from October 24, 2016 to October 31, 2016 (both days inclusive). Ashfaq Textile Mills Limited is a company incorporated in Pakistan on January 14, 1988 as a private limited company. It was then subsequently converted into a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The core business activities of the company are manufacturing and sale of textiles and rendering of sizing and conversion services. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office and mills of the company is located in Faisalabad. The symbol “ASHT” is being used by the stock exchange for the shares of Ashfaq Textile Mills Limited.

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Annual general meeting of Artistic Denim Mills Limited to be held on October 22, 2016

Karachi, Artistic Denim Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company will be held on October 22, 2016 at Karachi. The agenda of the meeting will be confirming the minutes of 23rd annual general meeting held on October 24, 2015, to receive and adopt the Audited Financial Statements for the year ended June 30, 2016 and to appoint the Auditors of the Company for the year 2016-17 and fix their. Further, the closed period of the company is from October 14, 2016 to October 22, 2016 (both days inclusive). Artistic Denim Mills Limited is a company incorporated in Pakistan on May 18, 1992. It is a public limited company which started its production in 1993. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is to manufacture and sell rope dyed denim fabric, yarn and value added textile products. The stocks of the company are quoted on the Karachi stock Exchange of Pakistan. The registered office of the company is located in Karachi. The company is a complete vertical unit converting cotton to finished garments. The company is equipped with rope dyeing machines with a capacity of 140,000 meters. The symbol “ADMM” is being used by the stock exchanges for the shares of Artistic Denim Mills Limited.

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Postponed of Board of directors meeting of Fauji Fertilizer Company Limited

Karachi, Fauji Fertilizer Company Limited informed Pakistan Stock Exchange that 178th board of directors meeting of the company scheduled held on October 04, 2016 at Rawalpindi has been postponed. Fauji Fertilizer Company Limited is a public company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is manufacturing, purchasing and marketing of fertilizers and chemicals, including investment in other fertilizer, chemical, other manufacturing, and energy generation and banking operations. The shares of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The registered office of the company is situated at Rawalpindi and it is domiciled there. Associated companies of the group are FFC Energy Limited, Fauji Fertilizer Bin Qasim Limited, Askari Bank Limited and Al-Hamd Foods Limited. The symbol “FFC” is being used by the stock exchanges for the shares of Fauji Fertilizer Company Limited.

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