Indus Dyeing and Manufacturing Company Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on March 24, 2020 at Karachi.

The agenda of the meeting will be confirming the minutes of the annual general meeting held on October 28, 2019, to elect 14 directors of the Company as fixed by the Board for a period of three years commencing from March 24, 2020 in accordance with the provisions of Section 159 (1) of the Companies Act, 2017 and to transact any other ordinary business with the permission of the chair.

Further, the closed period of the company is from March 17, 2020 to March 24, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/144177.pdf

Indus Dyeing and Manufacturing Company Limited was incorporated in Pakistan on July 23, 1957 as a public limited company under the Companies Ordinance, 1984. The principal activity of the company includes manufacturing and sale of yarn. 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 manufacturing facilities of the company are located in Karachi, Hyderabad and Muzaffargarh. The company is also operating two ginning units. One is located in Multan.

The company has the group entities lndus Lyallpur Limited and lndus Home limited which are the wholly owned Subsidiary and Sun Rays Textile Mills Limited which is an associated undertaking.

The symbol "IDYM" is used by the stock Exchange for trading the shares of lndus Dyeing & Manufacturing Company Limited.

© Pakistan Press International, source Asianet-Pakistan