Elahi Cotton Mills Limited informed Pakistan Stock Exchange that the Board of Directors of the Company in their meeting held on May 05, 2020 has re-appointed Mr. Mahfooz Elahi as Chief Executive of the Company for three years on the previous remuneration of Rs. 23,200/- per month and allowed telephone and medical expenses at actual.

The announcement is available at:

https://dps.psx.com.pk/download/document/147533.pdf

Elahi Cotton Millls Limited was incorporated in Pakistan as a public limited company on June 22, 1970. The foundations of the company have been laid using the Companies Act 1913, now the Companies Ordinance, 1984. The core business activities of the business include manufacturing and sales of yarn. The registered office of the company is located in Islamabad. The stocks of the company are listed on the Karachi and Islamabad Stock Exchanges of Pakistan.

The symbol "ELCM" is being used by the stock exchanges for the shares of Elahi Cotton Mills Limited.

© Pakistan Press International, source Asianet-Pakistan