Karachi, Imperial Sugar Limited informed Pakistan Stock Exchange that the Securities and Exchange Commission of Pakistan has dropped the winding-up proceedings initiated against the Company.

In view thereof, the Company shall be shifted to the “Normal Counter” of the Exchange with effect from November 23. 2021.

Imperial Limited is a public limited company, incorporated on May 9th, 2007 to undertake Sugar and Allied businesses. The company acquired two Sugar plants and one Ethyl Alcohol (Ethanol) Distillery in the year 2007. After completion of these acquisitions and approval of the SECP and KSE, the Company was listed on Karachi Stock Exchange on August 13th, 2008.

The total numbers of shares are 99,020,000. The Earnings per share is 1.56 in 2019. Which was (6.31) in 2018. The Profit after Taxation is 154,893,000 in 2019 which was (624,609,000) in 2018.