Board meeting of Huffaz Seamless Pipe Industries Limited to be held on July 20, 2016

Karachi, Huffaz Seamless Pipe Industries Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on July 20, 2016 at Karachi.

The agenda of the meeting will be confirming the minutes of meeting held on June 30, 2016, consideration of the audited financial statement of the company for the year ended March 31, 2016, consideration and approval of related party transactions.

Huffaz Seamless Pipe Industries Limited was incorporated in Pakistan on October 09, 1983 as a public company limited by shares. The shares of the Company are quoted on Pakistan Stock Exchange. The principal object and business of the Company is manufacturing and selling of seamless steel pipes and tubes (tubular products). Huffaz is the first and only seamless pipes manufacturer in Pakistan. The Company has successfully diversified into some allied seamless pipes products. As a forward integration, we have established Coating Plant which has started 3 layered epoxy coating on pipes from 2012. As a backward integration, the company has its own workshop, for the production of equipment’s to be used in Seamless Pipe industry, known as Huffaz Engineering Workshop (HEW).

The Company Brand HUFFAZ enjoys leading position in Seamless industry in Pakistan, as our products are of international quality standards and we believe in constant product development. With our strong dealers and distribution network we are spread all over Pakistan.

The plant, based in Nooriabad, incorporates the latest German technologies & techniques and state of the art imported machinery to manufacture high class products that conform to International standards.

The symbol “HSPI” is being used by the stock exchanges for Huffaz Seamless Pipe Industries Limited.