Indus Dyeing and Manufacturing Company Limited informed Pakistan Stock Exchange that an Extraordinary General Meeting held on June 15, 2020 for election of 14 directors as fixed by the Board of Directors of the Company. The Company received nominations papers from 15 persons for contest of election however before election of directors, the five contesting persons withdraw their nomination papers with an intention, not to contest for election of directors of the Company.

The announcement is available at:

https://dps.psx.com.pk/download/document/148957.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