Annual general meeting of Shahtaj Sugar Mills Limited to be held on January 27, 2022

General

Karachi, Shahtaj Sugar Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on January 27, 2022 at Karachi.

The agenda of the meeting will be confirming the minutes of Annual General Meeting held on January 27, 2021, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended September 30, 2021 together with the Directors and Auditors Reports thereon, to appoint auditors for the year ending September 30, 2022 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from January 21, 2022 to January 28, 2022 (both days inclusive).

Shahtaj Sugar Mills Limited was incorporated in Pakistan on 27 March 1965 as a Public Limited Company. It is engaged in the manufacture and sale of sugar whereas molasses and bagasse are its significant by-products.

The total number of shares the company has introduced are 12,011,200. The Earnings per share is (4.87) in 2020 which was 2.777 in 2019. The Profit After Taxation is (58,451,000) in 2020 which was 33,243,000 in 2019.