Millat Tractors to increase share capital to Rs2bn

MG News | June 02, 2022 at 02:24 PM GMT+05:00

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June 02, 2022 (MLN): The Board of Directors of Millat Tractors Limited (PSX: MTL) on Thursday recommended to the shareholders an increase in the authorized share capital from Rs1 billion to Rs2bn.

The shareholders may resolve the aforestated recommendation and authorize the company to increase the share capital in their upcoming Extra-Ordinary General Meeting (EoGM) to be held on June 27, 2022.

Currently, the stock of the company is trading at Rs911, up by 80 paisa or 0.09% DoD.

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