Board of directors meeting of Aisha Steel Mills Limited

Karachi, Aisha Steel Mills Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 28, 2021 at Karachi. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended December 31, 2020.

Further, the company has declared the closed period from January 22, 2021 to January 28, 2021.

Aisha Steel Mills Limited is a company incorporated in Pakistan on May 30, 2005. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activities of the business are supplying cold rolled steel coils to local and international customers. The company has entered into a strategic tie-up with Mitsubishi Corporation and ensures seamless marketing, sales, and distribution of its products. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located at Karachi.

The company is a joint venture between blue chip Pakistani and Japanese business groups which are Arif Habib Group, Pakistan Metal One Corporation, Japan, and Universal Metal Corporation, Japan. The capacity of the plant is 220,000 metric tons per year.

The symbol “ASL” is being used by the stock exchanges for the shares of Aisha Steel Mills Limited.