SECP acknowledges court order on reduction of capital for Aisha Steel Mills
MG News | July 19, 2018 at 10:40 AM GMT+05:00
According to a notification to the Pakistan Stock Exchange, Aisha Steel Mills has reported that SECP has acknowledged the filing, registration and record of the order of High Court Sindh dated 25th June 2018.
Sindh High Court had earlier allowed the petition and minutes passed in the Annual General Meeting of Aisha Steel Mills Limited held on 27th October 2016, for reduction of its paid-up capital.
Paid-up Capital of the Company after reduction of capital now stands at PKR 8,127,564,430 after the cancellation of 66,768,583 shares.
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