LAHORE - Redco Textiles Limited has rectified the default of Listing Regulation No. 30(1) (e) & (g) i.e. payment of outstanding dues of the Lahore Stock Exchange and induction of ordinary shares of the company into CDS.

The ordinary shares of the company have been declared eligible for book entry transactions by the Central Depository Company of Pakistan Limited with effect from September 12, 2012. Managing Director and Chief Executive Officer of the Lahore Stock Exchange Aftab Ahmed Chaudhry appreciated the efforts of the management of Redco Textile Mills Limited for rectifying the default of Listing Regulations of the Exchange.