Security Paper Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 24, 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. 26,069 with earnings per share 0.44 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/146524.pdf

Security Papers Limited is a company incorporated in Pakistan in 1965. It became a public limited company in 1967. The foundations of the company are laid under the Companies Ordinance, 1984. It is engaged in the manufacturing of paper for banknote, financial instrument, university degree certificate and other type of security papers. The company is successfully been meeting the paper requirements of the Pakistan Security Printing Corporation for printing banknotes, prize bonds, non-judicial stamp paper, share certificates, etc. and watermarked certificate/ degree papers for various educational institutions of Pakistan. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office and factory of the company is located in Karachi.

The symbol "SEPL" is being used by the stock exchanges for the shares of Security Paper Limited.

© Pakistan Press International, source Asianet-Pakistan