Annual General Meeting of Fazal Cloth Mills Limited.

Karachi: Fazal Cloth Mills Limited informed Pakistan Stock Exchange that the resolution passed by the shareholders at the 55th Annual General Meeting of the Company held on November 26, 2020.

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...