Karachi: Aisha Steel Mills Limited informed Karachi Stock Exchange about the board of directors meeting of the company will be held on September 10, 2015 at Karachi. The agenda of the meeting to consider and approve Annual Audited Financial Statements of the Company under the recommendations of Audit Committee for the year ended June 30, 2015.
Further, the Company has declared the close period from September 01, 2015 to September 10, 2015.
Aisha Steel Mills Limited is a company incorporated in Pakistan on May 30, 2005. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activities of the business are supplying cold rolled steel coils to local and international customers. The company has entered into a strategic tie-up with Mitsubishi Corporation and ensures seamless marketing, sales, and distribution of its products. 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 company is a joint venture between blue chip Pakistani and Japanese business groups which are Arif Habib Group, Pakistan Metal One Corporation, Japan, and Universal Metal Corporation, Japan. The capacity of the plant is 220,000 metric tons per year.
The symbol “ASL” is being used by the stock exchanges for the shares of Aisha Steel Mills Limited.