Karachi November 25 2022: Aisha Steel Mills Limited inform that in accordance with approval in Annual General Meeting held on 28th October 2022 by the shareholders of the Company, 5,207,648 Ordinary shares (ASL) have been credited at the end of the day of 24th November 2022 into the respective accounts of the entitled preference shareholders maintained with Central Depository Company of Pakistan Limited, against their respective preferential dividends on ASLPS & ASLCPS (preference shares of the Company).
Further, the Exchange will be informed as soon as physical share certificates for 7,498 Ordinary Shares (ASL) against preferential dividends will be ready for delivery / dispatch.
During the previous year, the Company issued 153,028,516 Ordinary shares (ASL) against preferential dividend to the entitled preference shareholders (ASLPS & ASLCPS) in accordance with the approval by the shareholders of the Company in last year’s Annual General Meeting held on October 28, 2021
The ordinary and preference shares of the Company are listed on Pakistan Stock Exchange. There were 12,045 (2021: 8,091) ordinary shareholders and 2,391 (2021: 2,474) preference shareholders of the Company as of June 30, 2022.
Aisha Steel Mills Limited has set up a cold rolling mill complex and a galvanization plant in the downstream Industrial Estate, Pakistan Steel, Bin Qasim, Karachi to carry out its principal business of manufacturing and selling cold rolled steel coils and hot dipped galvanized coils.
