Board Meeting Other Than Financial Results of Sardar Chemical Industries Limited

Karachi, Sardar Chemical Industries Limited informed Pakistan Stock Exchange that it was unanimously resolved by the directors that the Company should obtain loan from Directors to meet its working capital and other requirements at less than half percent of the prevailing bank lending markup rate.

“Sardar Chemical Industries Limited was established in 1989 as a Private Company and went into production in 1st January, 1993. The Company was floated on the Stock Exchanges in Pakistan in October, 1994.

Sardar Chemical Industries Limited is involved in the manufacture of various classes of dyestuffs producing Acid dyes, Direct dyes, Reactive dyes, and Optical Brightener for the Textile Industry.

The symbol “SARC” is being used by the stock exchanges for the Sardar Chemical Industries Limited.”