Dewan Mushtaq Textile Mill to increase share capital to Rs 120 million

On Wednesday, July 11th, the Board of Directors of Dewan Mushtaq Textile Mill Limited (DMTM), decided to increase the company’s Authorized Capital from 100 million to 120 million.

The authorized share capital has been decided to comprise of 12 million shares of Rs 10 each compared to 10 million shares of Rs 10 each before.

As per Regulation No. 5.9.2 of the Listing of the Companies and Securities Regulations of Rule Book of the Exchange, the Board is seeking clearance from the Pakistan Stock Exchange to bring into affect the proposed amendments in the Memorandum and Articles of Association of the Company in this regard.

PSX notification

 

Posted on: 2018-07-12T10:49:00+05:00

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