High Court withdraws stay order on Artistic Denim's capital increase

MG News | October 14, 2024 at 11:04 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

October 14, 2024 (MLN): The stay order granted by the Honorable High Court of Sindh regarding the increase in the authorized share capital of Artistic Denim Mills Limited (PSX: ADMM), based on an application by certain shareholders, has now been unconditionally withdrawn by the petitioners.

ADMM informed market participants through a notice issued to the Pakistan Stock Exchange (PSX) today.

It is important to mention that the stay order was granted back on November 26, 2020.

The company is principally engaged in manufacturing and selling rope-dyed denim fabrics, yarn and value-added textile products.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	181,069.82 361.51M	0.31% 558.79
ALLSHR	109,006.80 1,023.86M	0.42% 450.93
KSE30	54,019.89 167.78M	0.33% 178.62
KMI30	258,538.19 172.38M	0.46% 1188.09
KMIALLSHR	70,711.99 511.75M	0.42% 297.82
BKTi	49,428.09 33.62M	-0.06% -28.52
OGTi	37,034.74 11.53M	0.29% 108.15

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,935.00	66,160.00 64,825.00	-765.00 -1.16%
BRENT CRUDE	79.10	79.57 77.75	0.14 0.18%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	7.50 6.49%
ROTTERDAM COAL MONTHLY	125.50	0.00 0.00	-0.40 -0.32%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	75.37	76.06 74.09	0.10 0.13%
SUGAR #11 WORLD	14.24	14.33 14.22	-0.07 -0.49%