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Board meeting of Burshane LPG Pakistan Limited to be held on February 23, 2023

Karachi, Burshane LPG Pakistan Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on February 23, 2023 at Karachi. The agenda of the meeting shall be consideration of quarterly half yearly annual accounts for the period ended December 31, 2022.

Further, the closed period of the company shall be from February 17, 2023 to February 23, 2023 (both days inclusive).

“Bolan casting Limited is a public listed company incorporated and domiciled in Pakistan. The company manufactures and sells casting for tractors and automotive parts. It is a subsidiary of Millat Tractors Limited.

The plant was commissioned in June 1986 with the assistance of Foundry Management & Design Company (FMD), United Kingdom (U.K) and commercial production was started in July, 1986. The plant is located Hub Chowki, District Lasbella, and Baluchistan. The Company was privatized and handed over to a group of management under a joint collaboration of Millat Tractors Limited and the employees of Bolan Castings Limited on 13th June, 1993.

The Company is listed on Pakistan Stock Exchange and the total number of shares are 11,472,529. The Earnings per share is (23.68) in 2020 which was (20.83) in 2019. The Company had a loss of Rs. 271,688,000 in 2020 which was 238, 999,000 in 2019.”