Grays Leasing Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on April 22, 2020.

The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2020 which portrayed a profit of Rs. 14,808 with earnings per share 0.001 basic and diluted respectively.

Further, nil payment of cash dividend, bonus shares and right shares was agreed.

The announcement is available at:

https://dps.psx.com.pk/download/document/146281.pdf

Grays Leasing Limited (GLL) was incorporated in Pakistan in August 1995 as a public limited company and commenced its commercial operations in February 1997. GLL is listed on Karachi and Lahore Stock Exchanges of Pakistan.

Its Consumer Finance department caters to the needs of individuals on short to medium term basis. Lessees include public and private limited companies, partnerships, and sole proprietorships. The Company specializes in providing lease financing to small and medium size businesses. The company has its head office at Lahore and Branch offices at Karachi, Islamabad & Sialkot.

The symbol "GRYL" is being used by the stock exchange for the shares of Grays Leasing Limited.

© Pakistan Press International, source Asianet-Pakistan