Karachi: Highnoon Laboratories Limited informed Pakistan Stock Exchange about recommendations made by the board of directors in the meeting held at Lahore on March 15, 2016.
The agenda of the meeting was discussion of un-audited interim profit and loss accounts for year ended December 31, 2015 which portrayed a profit of Rs. 444,021,406 and earnings per share Rs. 21.81basic and diluted.
Further, Rs. 7.50 per share payment of 75% of cash dividend, 12% payment of bonus shares was agreed.
The annual general meeting of the company is scheduled to be held on April 21, 2016 at registered office of the company in Lahore.
Further, share transfer books of the company will remain closed from April 14, 2016 to April 22, 2016 (both days inclusive).