Sajjad Textile allows sponsors to purchase ordinary shares at Rs 25

MG News | March 09, 2020 at 02:40 PM GMT+05:00

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March 9, 2020 (MLN): Sajjad Textile Mills Limited has authorized its sponsors to purchase Ordinary Shares of the Company held by the minority shareholders at minimum purchase price of Rs. 25 per share as determined by PSX, from the shareholders other than the sponsors and their relatives for the purpose of Voluntary Delisting of the Company from the PSX.

Regarding this, the Chief Executive Officer and the Company Secretary are authorized singly to take all the steps necessary for the purpose, revealed notification from Sajjad Textile to Pakistan Stock Exchange.

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