Issuance of shares of Nadeem Textile Mills Limited

Karachi, Nadeem Textile Mills Limited informed Pakistan Stock Exchange about issuance up to 3,604,500 shares @ Rs. 40 per share including premium of Rs. 30 per share in consideration of outstanding loan upto Rs. 144,180,000 of its associated company viz. Nadeem Power Generation Private.

Further, the board resolution and auditors certificate for the transaction has also been provided by the company.