Thursday, February 9

Board of directors meeting of Paramount Spinning Mills Limited

Karachi, Paramount Spinning Mills Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 29, 2018 at Lahore. The agenda of the meeting will to consider the Annual Accounts for the period ended June30, 2016.

Further, the company has declared the closed period from March 22, 2018 to March 29, 2018.

Paramount Spinning Mills Limited was incorporated as a public limited company on August 22, 1981 in Pakistan. The company is principally engaged in progressive manufacture and sales of cotton yarn, fabric, yarn dyeing and garments products. The registered office of the company is located at Karachi. The manufacturing facilities of the Company are located at Ferozewattwan and Raiwind. The shares of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan.

The symbol “PASM” is being used by the stock exchange for the shares of Paramount Spinning Mills Limited.