Karachi, Imperial Sugar Limited informed Pakistan Stock Exchange that the resolution passed by the board of Directors of the company in their Annual general meeting held on January 28, 2022.
The agenda of the meeting will 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.
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.