Board of directors meeting of Fazal Cloth Mills Limited
Karachi, Fazal Cloth Mills Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on February 23, 2018 at Multan. The agenda of the meeting will to consider the Half Yearly Accounts for the period ended December 31, 2017.
Further, the company has declared the closed period from February 16, 2018 to February 23, 2018.
Fazal Cloth Mills Limited is a company incorporated in Pakistan as a private limited company in 1966. The foundations of the company are laid under the postulates of the Companies Ordinance, 1984. The company set up its first spinning units in 1972 at Muzzafargarh. The company owns and operates 7 Spinning units comprising 216,162 Spindles and 1740 Rotors.224 Air-jet Picanol Looms. All units have captive Gas Fired Power Generation with a capacity of 29.9 Mega Watts. The company produces 6000 tons of Yarns and 2 million yards of fabric per month. It’s count range is from Ne 4/1 – Ne 100/1 in carded, combed, compact, core spun, Multitwist / Multicount / Slub, Double and Zero Twist Yarns. These Yarns are produced with Cotton, Rayon, Polyester Cotton, Modal Cotton and Bamboo Cotton Fibers. It also produces certified SUPIMA, ORGANIC, GIZA, BCI, Cleaner Cotton, LYCRA, USA Cotton Yarns and Fabric. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Lahore.
The symbol “FZCM” is being used by the stock exchange for the shares of Fazal Cloth Mills Limited.