Karachi, Descon Oxychem Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on August 23, 2016 at Lahore. The agenda of the meeting shall be consideration of annual accounts for the period ended June 30, 2016.
Further, the closed period of the company shall be from August 23, 2016 to August 31, 2016 (both days inclusive).
Descon Oxychem Limited is a company incorporated in Pakistan as a private limited company on November 12, 2004. The company was converted into a public limited company with effect from February 28, 2008. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is engaging in manufacturing, procurement and sale of hydrogen peroxide and allied products. The company commenced its trial production on December 1, 2008 and commercial production on March 1, 2009. The shares of the company are quoted on Karachi Stock Exchange of Pakistan. The registered office and the manufacturing facility of the company is situated at Lahore.
The symbol “DOL” is being used by the stock exchange for the shares of Descon Oxychem Limited.