National Silk and Rayon Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 28, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2020 which portrayed a loss of Rs. 213,853 with loss per share 0.01 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

The announcement is available at:

https://dps.psx.com.pk/download/document/146845.pdf

The National Silk and Rayon Mills Limited is a Public Limited Company, incorporated under the Companies Ordinance 1984. The principal activity of the company is dyeing, bleaching, finishing and embroidery of fabrics. The company is quoted on Lahore and Karachi stock exchanges. The registered office of the company is located in Faisalabad.

The symbol "NSRM" is being used by the stock exchange for the shares of The National Silk and Rayon Mills.

© Pakistan Press International, source Asianet-Pakistan