Status and Activities

Ibrahim Fibres Limited (the Company) is incorporated in Pakistan as a public limited company under the Companies Ordinance, 1984 (the Ordinance) and is listed on Karachi and Lahore Stock Exchanges in Pakistan. The principal business of the Company is manufacture and sale of polyester staple fibre and yarn. The registered office of the Company is located at 1-Ahmed Block, New Garden Town, Lahore. The manufacturing units are located at Faisalabad- Sheikhupura Road, in the Province of Punjab.

Pursuant to scheme of arrangement approved by the Honorable Lahore High Court, Lahore, assets, liabilities and reserves of Textile plant 1, Textile plant 2, Textile plant 3 and Power Generation Plant were merged with the assets, liabilities and reserves of the Company with effect from October 01,2000.

The Company has successfully implemented the balancing, modernization and expansion of Polyester plant with additional production capacity of 520 tons per day. The commercial production of this plant has been started in the month of April 2013.