Karachi: Please refer above captioned subject, this is to inform you The Bank of Punjab has obtained stay order against payment of dividend announced and approved in annual general meeting of Zephyr Textile Limited (ZTL) held on October 31, 2011 vide BOP letter no. SAM-Corp\11\883 dated November 29, 2011 which is being attached here with this letter for your reference and record.
Kindly note the payment of divided has been postponed until further instruction by the honorable Lahore High Court in its hearing on January 24, 2012.
For more information, contact:
Zephyr Textile Limited
3rd Floor, IEP Building, 97-B/D-1,
Gulberg III, Lahore, Pakistan
Tel: + 92 (42) 35782905
Fax + 92 (42) 35753202,