Service Industries Textiles Limited (The company) was incorporated in Pakistan in 1962 as a Private Limited Company under the repealed Companies Act 1913, (now the Companies Ordinance, 1984) and was subsequently converted into a Public Limited Company in 1970. “The Company is listed on Pakistan Stock Exchange” in place of already written i.e “The Company is listed on Karachi and Lahore Stock Exchanges”. The principal activity of the Company is manufacturing and sale of yarn made from raw cotton and synthetic fiber. The registered office of the Company is situated at 38 – Empress Road, Lahore.