Millat Tractors increases share capital to Rs2bn

MG News | June 28, 2022 at 03:25 PM GMT+05:00

0:00

June 28, 2022 (MLN): The shareholders of Millat Tractors Limited (MTL) have resolved an increase in the authorized capital of the Company from Rs1 billion to Rs2bn in an extra general ordinary meeting held on June 27, 2022, the notice issued to PSX said.

The notice said, “The authorized capital of the company increased from Rs1bn divided into 100mn ordinary shares of Rs10each to Rs2bn divided into 200mn ordinary shares of Rs10 each.”

On June 02, 2022, the Board of Directors of the company recommended to the shareholders an increase in the authorized share capital from Rs1 billion to Rs2bn.

Currently, the stock of the company is trading at Rs884 [03:19], down by Rs4.70 or 0.53% DoD

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	169,864.53 309.70M	0.77% 1289.83
ALLSHR	102,725.13 871.92M	0.54% 553.85
KSE30	51,670.42 144.06M	0.97% 495.07
KMI30	244,230.82 127.19M	0.88% 2126.86
KMIALLSHR	67,141.83 400.81M	0.66% 438.06
BKTi	45,511.25 34.21M	0.74% 335.27
OGTi	33,787.05 15.45M	0.86% 288.90

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	90,330.00	93,070.00 89,640.00	-1680.00 -1.83%
BRENT CRUDE	61.22	61.86 60.81	-0.06 -0.10%
RICHARDS BAY COAL MONTHLY	91.00	0.00 0.00	1.00 1.11%
ROTTERDAM COAL MONTHLY	97.30	97.30 97.30	0.90 0.93%
USD RBD PALM OLEIN	1,016.00	1,016.00 1,016.00	0.00 0.00%
CRUDE OIL - WTI	57.53	58.19 57.15	-0.07 -0.12%
SUGAR #11 WORLD	15.10	15.27 14.83	0.25 1.68%