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Appointment of Director of Sardar Chemical Industries Limited

Karachi, Sardar Chemical Industries Limited informed Pakistan Stock Exchange that Mr. Abdal Rehman Qureshi has been appointed as Independent Director of the Company with effect from February 23, 2023 in place of Mr. Niaz Ahmed Chughtai.

Sardar Chemical Industries Limited was incorporated in Pakistan on October 3, 1989 as a Private Limited Company. It was converted into Public Limited Company on December 30, 1993. The principal business of the Company is to manufacture and sell dyestuffs for leather, textile and paper industries.

The total numbers of shares are 6,000,000. The Earnings per share is 3.41 in 2020 which was 3.11 in 2019. The Profit after taxation is 20,478,000 in 2020 which was 18,653,000 in 2019.

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