The Karachi Stock Exchange (Guarantee) Limited’s notice of eligibility of ordinary shares of Shahpur Textile Mills Limited
Karachi: This is Further to our notice dated April 15, 2011 notifying extension of suspension of CDS Eligibility of Ordinary Shares (Security Symbol: SHTM) of Shahpur Textile Mills Limited (hereinafter referred to as the “Issuer”) with effect from April 12, 2011 on account of failure to comply with Regulation 13.7.1 by submitting R/TA Reconciliation Report duly authenticated by their external auditors for the year ended June 30, 2010, along with payment of fine as imposed vide our notice dated December 20, 2010.
Considering that the Issuer is continuously in default with regards to payment of fine imposed as aforesaid, Central Depository Company of Pakistan Limited has decided that the CDS Eligibility of Ordinary Shares of the Issuer shall remain suspended for a further period of 60 Business Days commencing from June 21, 2011.
For more information, contact:
Karachi Stock Exchange
Tel: +9221 111-001122
Fax: +9221 3241 0825, +9221 3241 5136