Punjab Oil Mills Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on December 23, 2019 at Islamabad.

The agenda of the meeting will be confirming the minutes of the annual general meeting held on October 28, 2019, to elect Directors of the Company in accordance with the provisions of Section 159 of the Companies Act, 2017 for a term of three years commencing December 29, 2019. The Number of directors to be elected has been fixed eight by the Board of Directors under section 154 of Companies Act, 2017 and to transact any other business with the permission of the Chair.

Further, the closed period of the company is from December 16, 2019 to December 23, 2019 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/139951.pdf

Punjab Oil Mills Limited is incorporated in Pakistan as a Public Limited Company on February 5, 1981. The foundations of the company are laid under the Companies Ordinance, 1984. The company is principally engaged in the manufacturing and sale of ghee, cooking oil, specialty fats and laundry soap. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Islamabad.

The quality standards of the company are ISO 9001:2008 & HACCP certified. As a result the Zaiqa and CanOlive brands enjoy a valuable brand franchise. The company is also engaged in making a line of laundry soap products marketed under the brand name of Raja.

The symbol "POML" is being used by the stock exchanges for the shares of Punjab Oil Mills Limited.

© Pakistan Press International, source Asianet-Pakistan