60 years of Textile History
Most modern Terry Towel unit of Pakistan
Backed up with 6 state-of-the-art Spinning units
Self-Sufficient in Energy Needs
60 years of Textile History
Most modern Terry Towel unit of Pakistan
Backed up with 6 state-of-the-art Spinning units
Self-Sufficient in Energy Needs
Election of the Directors:
The Election of the Directors was conducted in the General Meeting on October 30, 2018.
Following Board of Directors was elected for tenure of 3 years from the date of appointment.
|
Profile of Board of Directors |
|
|
Mr. Irfan Ahmed |
Director / Chief Executive Officer |
|
Mr. Imran Ahmed |
Director |
|
Mian Kashif Riaz |
Director / Chairman |
|
Fadia Kashif |
Director |
|
Mr.Naveed Ahmed |
Director |
|
Mian Shahzad Ahmed |
Director |
The CEO was also reappointed on October 30, 2018
Share Holding Pattern:
The pattern of shareholding of the company is as follows,
|
Number of Shareholders |
Share - Holding |
Total Shares Held |
|
From To |
||
|
6 |
6 |
|
|
1 |
149,999,994 |
|
Categories of Shareholders |
Number of Shareholders |
Shares held |
Percentage |
|
Associated Companies |
1 |
149,999,994 |
99.9999953% |
|
Directors, CEO, their spouses and minor children |
6 |
6 |
0.0000047% |
|
Shares Held by Directors, CEO, their spouses and minor children |
|
|
Name |
Shares Held |
|
Mr. Irfan Ahmed |
1 |
|
Mr. Imran Ahmed |
1 |
|
Mian Kashif Riaz |
1 |
|
Fadia Kashif |
1 |
|
Mr.Naveed Ahmed |
1 |
|
Mian Shahzad Ahmed |
1 |
|
Shares Held by Associated Companies, Undertaking and Related Parties |
|
|
Name |
Shares Held |
|
Indus Dyeing and Mfg Co. Ltd |
149,999,994 |
Company’s Auditors and Legal Advisor:
Auditor and Legal Advisor of the Company are as follows
|
External Auditors |
E Y FORD RHODES , CHARTERED ACCOUNTANTS |
|
Name of Legal Advisor |
MR. ATIQ UR REHMAN, ADVOCATE LAHORE |
VIS Credit Rating Company Ltd.
|
Rating Category |
Initial Rating |
|
|
Long-Term |
Short-Term |
|
|
Entity |
A- |
A-2 |
|
Rating Outlook |
Stable |
|
|
Rating Date |
May-06-2019 |
|