Board meeting of The Thal Industries Corporation Limited to be held on January 25, 2016

Karachi: The Thal Industries Corporation Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on January 25, 2016 at Lahore. The agenda of the meeting is to consider 1st Quarterly Accounts for period ended December 31, 2015 for declaration of any entitlement.

Further, the Company has declared closed period from January 18, 2016 to January 25, 2016

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.