|  | Sapphire Textile Mills Limited is a vertically
                        
                        integrated composite textile unit, manufacturing cotton yarn, fabric and home textile
                        
                        products. STML is the flagship company of the Sapphire Group and also on of the
                        
                        Lead Players in the Textile Composite sector and enjoying more than 10% share in
                        
                        the sector's sales (listed Companies only).  STML was incorporated as a public limited company in Pakistan in 1969 and its shares
                          
                          are listed on Karachi Stock Exchange. Manufacturing units of the Company are located
                          
                          in Sind and Punjab and consist of 139,433 spindles, 3,120 rotors, 360 looms and
                          
                          215 stitching machines. |