Tata Textile Mills Limited’s abstract under section 218 of the companies’ ordinance, 1984
Karachi, February 21, 2013 (PPI-OT): Pursuant to section 218 of the Companies Ordinance, 1984, the members of the Company are notified that the Board of Directors in their meeting held on 16th February 2013, has approved the 15% annual increment of Mr. Shahid Anwar Tata Chief Executive as per term of appointment with effective from 1st February 2013.
“Resolved that the monthly remuneration of Mr. Shahid Anwar Tata Chief Executive would be Rs. 665,000/- (Rupees six hundred sixty five thousand only). The Other terms and condition will remain unchanged.”
For more information, contact:
Tata Textile Mills Limited
8, 8th Floor, Textile Plaza, M.A. Jinnah Road,
Ph: 3242-6761-2-4, 3241-2955-6-7
Web Site: http://www.tatatex.com