Karachi, Service Fabrics Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on May 11, 2016 at Lahore. The agenda of the meeting shall be consideration of amendment in the Memorandum of Association and Articles of Association of the company.
Further, the closed period of the company shall be from May 04, 2016 to May 11, 2016.
Service Fabrics Limited (SFL) is a public limited company (listed on Stock Exchanges). The company was incorporated in 1987 and is equipped with 96 Sulzer shuttleless looms, sizing from Zell and warping from Beninger. The project is situated at Manga, Lahore, with a capacity to produce nearly 20.000 million meters grey cloth per annum of various constructions. Almost entire production of the company is being exported to Far East & Europe with more than Rs. 725,000 million annual sales. In 1997, Service Fabrics was awarded a special merit trophy from the Federation of Pakistan Chamber of Commerce and Industry (FPCCI).
The symbol “SERF” is being used by the stock exchanges for the Service Fabrics Limited.