Board Meeting of Thal Industries Corporation Limited

Karachi, Thal Industries Corporation Limitedinformed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company will be held on February 25, 2018 at Lahore for fixing the number of Directors to be elected for the next term of three years commencing from March 31, 2018 by holding Extraordinary General Meeting of the Company.

The Thal Industries Corporation Limited is a public limited company incorporated in Pakistan on September 7, 1953. The foundation of the company is formed under the Companies Ordinance, 1984. The company is principally engaged in production and sale of sugar and its by-products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Multan.

The company produces several grades of quality sugar and is involved in the co-generation to export surplus electricity to the national grid. The company has two sugar manufacturing units namely Layyah Sugar Mills with a crushing capacity of 12,000 TCD and Safina Sugar Mills with a crushing capacity of 7,500 TCD.

The symbol “TICL” is being used by the stock exchanges for the shares of the Thal Industries Corporation Limited.