Karachi, Millat Tractors Limited informed Karachi Stock Exchange that final dividend warrants @ Rs. 20/- per share i.e. 200% for year ended June 30, 2014 have been dispatched to shareholders by registered post on November 18, 2014.
Karachi, Millat Tractors Limited informed Karachi Stock Exchange about transaction of shares of the company. Mr. Latif Khalid Hashmi sold 43,000 shares in the market on November 18, 2014 through M/s. BMA Capital Management Limited.
Karachi, August 19, 2013 (PPI-OT): Please refer to our letter of even number and date regarding approval of results for the year ended June 30, 2013 and recommendation of bonus shares @ 10% i.e., one Bonus Share for every ten ordinary shares held and write to inform you that. 1. The requirements of Rule 6 of the Companies (issue of capital) Rules, 1996 have been met. A copy of the Auditors Certificate dated August 16, 2013 is attached for your reference and record. 2. The Bonus Share Certificates shall be dispatched to the shareholders within 30 days from the re-opening of Share Transfer Register as required. 3. In the first instance, the Jumbo Bonus Shares Certificates shall be issued free of cost with the undertaking that the company shall split these shares into marketable lot of 500 shares. 4. The Board of Directors has also recommended that the sale process of fractional entitlements shall be paid to Charitable Institution (s) when realized. This farms part of resolution to be passed by the shareholders in the forthcoming Annual General Meeting. 5. The listing fee for the capitalized amount shall be remitted in due course. 6. The Exchange shall be informed of the dispatch of Bonus Shares Certificates. Certificate on Residual Free Reserves for the Issue of Bonus Shares As desired, we have ascertained from the Company’s audited financial statements for the year ended 30 June2013, that the residual “free reserves”, in terms of the meaning given to “free reserves” in the Companies (Issue of Capital) Rules, 1996, after the proposed issue at bonus shares of a face value of Rs. 40.3 million would be higher than twenty five percent of the increased paid up capital of Rs. 442.9 million. This certificate has been issued at the request of the Company for the purpose of issue of bonus shares in accordance with Rule 6 of the Companies (Issue of Capital) Rules 1996. For more information, contact: Mian Muhammad Saleem Company Secretary Millat Tractors Limited P. O. Box No. 12023, Sheikhupura Road, Shahdara, Lahore, Pakistan. Tel: 92-423-7911021-25, UAN: 111-200-786 Fax: 92-423-7924166 / 92-42-7925835 Web: www.millat.com.pk E-mail: firstname.lastname@example.org
Karachi, March 26, 2013 (PPI-OT): We are pleased to inform you that we have dispatched Interim dividend @ 30% and Bonus Share Certificates @ 10% to the shareholders of the Company on March 18, 2013 and March 21, 2013 respectively at their addresses registered with the Company, under Registered Post. The Dividend and Bonus shares […]
Karachi, January 24, 2013 (PPI-OT): We like to inform you that 140th Board of Directors meeting of Millat Tractors Limited (MTL) for the approval of Quarterly Accounts for the 2nd […]
Karachi, January 03, 2013 (PPI-OT): Pursuant to SRO 79 (1)/2012 dated February 02, 2012 the Sales Tax @ 10% shall be charged on supply of Tractors w.e.f. January 01, 2013. […]
Karachi, December 24, 2012 (PPI-OT): We write to inform you that Syed Muhammad Irfan Aqueel, CEO has today intimated about purchase of 248 shares of Millat Tractors Limited (MTL) as […]
Karachi, December 04, 2012 (PPI-OT): We are pleased to enclose herewith a notice U/S 218 (2) of the Companies Ordinance 1984 for your information, and record. Abstract under Section 218 […]