Board meeting of Thal Industries Corporation Limited to be held on May 20, 2016

Karachi, Thal Industries Corporation Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on May 20, 2016 at Lahore. The agenda of the meeting shall be consideration of accounts for the period ended March 31, 2016.

Further, the closed period of the company shall be from May 13, 2016 to May 20, 2016(both days inclusive).

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.