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Board Meeting in Progress of Gadoon Textile Mills Limited

Karachi, Gadoon Textile Mills Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on October 23, 2020 at Karachi to consider and discuss the First Quarter Accounts for the period ended September 30, 2020 is in progress.

Gadoon Textile Mill Limited was incorporated in Pakistan on February 23, 1988. The commercial production of the business started in 1990. It is a public limited company under the Companies Ordinance, 1984. The company is engaged in the business of manufacturing and selling yarn. The registered office of the company is located in district Swabi. The manufacturing facilities of the company are located near Gadoon and Nooriabad near Karachi. The stocks of the company are quoted on the Karachi and Islamabad Stock Exchanges of Pakistan.

The products which are manufactured by the company include compact yarn, murata jet spinning yarn, core spun yarn, compact core spun yarn, grey cotton, ring spun yarn, synthetic yarn and poly cotton yarn.

The symbol “GADT” is being used by the stock exchange for the shares of Gadoon Textile Mill Limited.