Statement Under Section 218(2) Of The Companies Ordinance, 1984 announcement by Shabbir Tiles and Ceramics Limited

Karachi: In pursuance of Section 218(2) of the Companies Ordinance, 1984, we hereby inform you that the Board of Directors of the Company in its meeting held on April 25, 2011 has revised the monthly remuneration of Chief Executive Officer, Mr. Alireza M. Alladin from Rs. 625,000/- to Rs. 721,875/- w.e.f. April 1, 2011. He will also be entitled to perquisites and other entitlements including Company maintained car, Provident fund and Club subscription arising under his contract of employment and service rules of the Company.

For more information, contact:
Aziz Ahmed
Company Secretary
Shabbir Tiles and Ceramics Limited
15th Milestone,
National Highway,
Landhi, Karachl-75120
Tel: +9221 35015024-25/35014044-45
Fax: +9221 35015545
Email: info@stile.com.pk
URL: http://www.stile.com.pk