Material information of Dost Steels Limited

Karachi: Dost Steels Limited informed Karachi Stock Exchange about the board of director of the company approved the final term sheet for the restructuring of the syndicated term finance facility and also authorized the CEO and director to complete all legal formalities to the restructuring agreement.

Dost Steels Limited is a company incorporated in Pakistan on March 19, 2004 as a private limited company under the Companies Ordinance, 1984. The principal business of the company include manufacturing of steel, direct reduced iron, sponge iron, hot briquetted iron, carbon steel, pig iron and special alloy steel in different forms. The company was converted into public limited company with effect from May 20, 2006. 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 symbol “DSL” is being used by the stock exchanges for the shares of Dost Steels Limited.