Sapphire Textile Mills Limited informed Pakistan Stock Exchange that the shareholders of the Company has subscribed 99.38% shares amounting to Rs. 254,368,140 as of the last date of payment and acceptance on November 29, 2019 confirmed by the Bankers of the issue, Habib Bank Limited.

The announcement is available at:

https://dps.psx.com.pk/download/document/140302.PDF

Sapphire Textile Mills Limited is a company incorporated in Pakistan on March 11, 1969. It is a public limited company the foundations of which are laid under the Companies Ordinance, 1984. The company is principally engaged in manufacturing and sale of yarn, fabrics, home textile products and processing of fabrics. The shares of the company are quoted on Karachi Stock Exchange of Pakistan. The registered office of the company is situated at Karachi and its mills are located at Kotri, Nooriabad, Chunian, Feroze Watwan and Bhopattian Lahore.

The symbol "SAPT" is being used by the stock exchange for the shares of Sapphire Textile Mills Limited.

© Pakistan Press International, source Asianet-Pakistan