Karachi: The Thal Industries Corporation Limited informed Karachi Stock Exchange that board meeting of the company will be held on December 26, 2015 at Lahore. The agenda of the meeting is to consider annual accounts for the period ended September 30, 2015.
Further, the closed period of the company shall be from December 19, 2015 to December 26, 2015.
The Thal Industries Corporation Limited is a public limited company incorporated in Pakistan on September 7, 1953. The foundation of the company is formed under the Companies Ordinance, 1984. The company is principally engaged in production and sale of sugar and its by-products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located at Multan.
The company produces several grades of quality sugar and is involved in the co-generation to export surplus electricity to the national grid. The company has two sugar manufacturing units namely Layyah Sugar Mills with a crushing capacity of 12,000 TCD and Safina Sugar Mills with a crushing capacity of 7,500 TCD.
The symbol “TICL” is being used by the stock exchanges for the shares of the Thal Industries Corporation Limited.