Company was established as a
non-profit org. within meaning of section 42 of the
Companies Ordinance Act 1984 and was incorporated on 23rd
June 2004 as a company Limited by Guarantee having share
capital subscribed by the Govt. of Punjab.
Authorized Capital Rs.150
million divisible into 15 million ordinary shares of Rs.10
Paid up capital Rs.50 million
(Rs. 20 million subscribed so far)
Agreement was signed between
the PESSI & PSSHMC on 19.07.2004.