Board Meeting in Progress of Salfi Textile Mills Limited.

Karachi: Salfi Textile Mills Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company scheduled to be held on April 01, 2020 at Karachi to consider to consider, discuss, review, finalize and approve the Scheme of Arrangement and related Swap Ratios (along with other ancillary matters) pertaining to the potential merger/amalgamation is in progress.

Salfi Textile Mills Limited is a company incorporated in Pakistan on January 5, 1968. It is a public limited company formed under the Companies Act, 1913 as repealed by Companies Ordinance, 1984. The principal activity of the...

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