Corporate Information:
The Company was incorporated in Pakistan, as a public limited company in 1961, under the companies Act, 1913 (Now Repealed with the enactment of the Companies Act 2017 on May 30, 2017) and its shares are listed on Karachi Stock Exchange Limited. From May 25,2012 the company delisted from Karachi Stock Exchange and converted from Quoted Public Limited company to unlisted company. The principal activity the Company is trading, manufacturing and sale of cotton yarn under the Brand Name” TEXTURE”
The Company Currently mainly engaged in the business 100% Rice processing unit and export of Rice and domestic Sales of Rice.
Upon request of company for delisting and for the back of shares by its sponsors at Price Agreed with the Pakistan Stock Exchange (Formerly Karachi Stock Exchange) the company was delisted by the exchange effective from May 25, 2012, Effective May 11, 2016 the company obtained Securities and Exchange commission of Pakistan approval to change the name of the Company Regent Textile Industries Limited to Hassan Ali Rice Export co. Limited and started new business of rice processing, export and domestic Sales.