Karachi, Shahmurad Sugar Mills Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on July 27, 2021.
The agenda of the meeting was discussion of profit and loss account for quarter ended June 30, 2021 which portrayed a loss of Rs. 29,828 with loss per share 1.41 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Shamurad Sugar Mills Limited is a company incorporated in Pakistan as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the business of production of sugar. The company owns and operates Sugar and Ethyl Ethanol manufacturing units which are located at Jhoke, District Thatta in the province of Sindh. The stocks of the company are quoted in the Karachi Stock Exchange. The registered office of the company is located in Karachi.
The symbol “SHSML” is being used by the stock exchanges for the shares of Shahmurad Sugar Mills Limited.