Shams Textile Mills Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on May 30, 2020 at Karachi.

The agenda of the meeting will to elect seven directors of the Company as fixed by the Board of Directors under Section 159 (1) of the Companies Act, 2017 for a term of three years commencing from May 31, 2020

Further, the closed period of the company is from May 24, 2020 to May 30, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/147580.pdf

Shams Textile Mills Limited is a public limited company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the business of manufacturing, sale and trading of yarn and trading of cloth. It produces carded, combed, multi count, multi twist, slub and compact yarn. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges in Pakistan. The registered office of the company is located at Lahore.

The symbol "STML" is being used by the stock exchanges for the shares of Shams Textile Mills Limited.

© Pakistan Press International, source Asianet-Pakistan