Lalpir Power Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Lahore on April 23, 2020.

The agenda of the meeting was discussion of profit and loss account for year ended December 31, 2019 which portrayed a profit of Rs. 2,034,461 with earnings per share 5.38 basic and diluted respectively.

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

Furthermore, the share transfer books of the company will remain closed from May 11, 2020 to May 22, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/146436.pdf

Lalpir Power Limited formerly known as AES Lalpir Private Limited is in the business of electricity generation and distribution businesses. The business of the company falls in the category of solar energy, fuel and energy. The products of the company are plant spares and consumable chemicals, electricity and power generation. The registered office of the company is located in Lahore.

The symbol "LPL" is being used by the stock exchange for the shares of Lalpir Power Limited.

© Pakistan Press International, source Asianet-Pakistan