Karachi: The Thal Industries Corporation informed Karachi Stock Exchange about the board of directors meeting of the company will be held on September 15, 2015 at Lahore. The agenda of the meeting to discuss the Financial plan of the company. Further, if any other corporate action taken by the board, will be communicated to the Stock Exchange.
Further: The Company has declared the closed period from September 11, 2015 to September 15, 2015.
“The Thal Industries Corporation Limited is a public limited company incorporated in Pakistan on September 7, 1953. The foundation of the company is formed under the Companies Ordinance, 1984. The company is principally engaged in production and sale of sugar and its by-products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Multan.
The company produces several grades of quality sugar and is involved in the co-generation to export surplus electricity to the national grid. The company has two sugar manufacturing units namely Layyah Sugar Mills with a crushing capacity of 12,000 TCD and Safina Sugar Mills with a crushing capacity of 7,500 TCD.
The symbol “TICL” is being used by the stock exchanges for the shares of the Thal Industries Corporation Limited.”