Ghandhara Industries Transfers PKR 1.5 Billion to Capital Reserve for Strategic Capital Expenditure

Karachi, Ghandhara Industries Limited’s Board of Directors has approved the transfer and classification of PKR 1.5 billion from unappropriated profits to a separate capital reserve. This move aims to strengthen the company’s capital expenditure strategy and accurately reflect the nature of these reserves. The amount transferred to the capital reserve will not be available for distribution by way of dividends, as per the Board’s decision in their recent meeting.

The post Ghandhara Industries Transfers PKR 1.5 Billion to Capital Reserve for Strategic Capital Expenditure appeared first on Pakistan Company News.

Check Also

Ali Pervaiz Vows Full Support for Foreign Investment in Pakistan

Islamabad: Minister for Petroleum Ali Pervaiz Malik has assured the federal government's full support for enhancing local energy production and promoting foreign investment. He gave this assurance while talking to representatives of international ener...