Board of directors meeting Rescheduled of Sana Industries Limited

Karachi, Sana Industries Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 22, 2021 at Karachi, to discuss and approve the increases in the authorized capital of the Company and to discuss and approve the investment in an associated Company for declaration of any entitlement has been rescheduled on January 25, 2021.

Further, the company has declared the closed period from January 15, 2021 to January 25, 2021.

Sana Industries Limited is a company incorporated in Pakistan as a public limited company established in 1988. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the activities of manufacturing and sale of man-made blended yarn, providing services in respect of cold storage through compartmentalized cold storage project, local trading and export of processed poultry bi- products and processing of ready to eat meals. The stocks of the company are quoted on the Karachi and Lahore and lslamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi.

It is an entity of the Sanaulla group of companies, an old established and dynamic business group of Pakistan. The production capacity of the company is 26,000 spindles. In the year 2006 Sana Industries expanded and diversified its business activities by entering into a new line of business i.e. “Ammonia based temperature controlled warehouse”.

The symbol “SNAI” is being used by the stock exchanges for the shares of Sana Industries Limited.