SECP acknowledges court order on reduction of capital for Aisha Steel Mills

MG News | July 19, 2018 at 10:40 AM GMT+05:00

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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 25^th 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 27^th 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.

PSX notification

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