Karachi August 02 2021: Ghani Global Holdings Limited directors approved investment of PKR 250 million in Service Fabrics Limited, as per notice issued at Pakistan Stock Exchange.
During the held on today the Monday, August 02, 2021 at 11:00 AM at Corporate Office, the Board of Directors of Ghani Global Holdings Limited in their meeting of the Company has decided/ approved as under:
- To increase authorized share capital of the company from PKR 3,000,000,000 to PKR 4,000,000,000, subject to approval by shareholders of the Company.
- To allocate 2,799,364 shares of the Company to employees of the Company at the rate of PKR 30/- (with a premium of Rs. 20/- per share) under Employees Stock Option Scheme.
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- To Invest up to PKR 250 million in share capital of Service Fabrics Limited, subject to approval by shareholders of the Company under section 199 of the Companies Act, 2017.
- To hold Extra-Ordinary General Meeting of the Company on Saturday August 28, 2021 at 11:00 AM for approval of above stated decisions.
- Share Transfer Books of the Company will remain closed from Monday August 23, 2021 to Saturday August 28, 2021 (both days inclusive).
