Buxly Paints Limited informed Pakistan Stock Exchange that Mr. Shamshad Ali, due to personal reasons, has resigned from the position of CEO of the company from January 01, 2020. To fill the vacancy, arising due to resignation of Mr. Shamshad Ali, Mr. Adnan lqbal is hereby appointed by the board for the position of CEO of the Company

The announcement is available at:

https://dps.psx.com.pk/download/document/141249.pdf

The company was incorporated in Pakistan as a private limited company in April, 1954 as a private limited company and was later converted to a public limited company in May, 1985. The principal activity of the company is manufacturing and sale of paints, pigments, protective surface quoting, varnishes and other related products under a toll manufacturing agreement with Berger Paints Pakistan Limited dated January 6, 2003 at a specified toll manufacturing fees. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi and Lahore stock exchanges of Pakistan.

The symbol "BUXL" is being used by the stock exchanges for the shares of Buxly Paints Limited.

© Pakistan Press International, source Asianet-Pakistan