Karachi, Gatron Industries Limited informed Pakistan Stock Exchange that the Board of Directors meeting is scheduled to be held on January 02, 2021 to appointed Chief Executive, Chairman and fixing of their remuneration and also fixing of remuneration of executive directors of the Company.
Gatron Industries Limited is a company incorporated in Pakistan in 1980 as a private limited company. It was converted to a public limited company in the year 1998. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activities of the company are manufacturing of Polyester Filament Yarn along with its raw material viz. Yarn Grade Polyester Chips. The company also produces other varieties of Polyester Chips viz. Bottle Grade as well as PET Performs. The company owns wholly owned subsidiaries i.e. Messrs. Gatro Powers Private Limited which is engaged in Power generation. The shares of the company are quoted on Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is situated at Quetta.
The symbol “GATI” is being used by the stock exchange for the shares of Gatron Industries Limited.