Karachi, Mirpurkhas Sugar Mills Limited (MIRKS R) has announced the schedule for its upcoming rights issue, according to a recent notification to the Pakistan Stock Exchange. The rights trading will commence on April 8, 2024, and will last until April 29, 2024. The last date for the payment or renunciation of these rights is set for May 7, 2024. The company has also disclosed a premium of Rs. 15.00 per right.

The trading of rights will allow existing shareholders to buy additional shares directly from the company at a predetermined price, which has been set at a premium in this instance. This move is part of the company's efforts to raise capital for its operations and future expansions.