Karachi, Mirpurkhas Sugar Mills Limited has announced key dates for its upcoming rights issue. Trading in the rights, which began on April 8, 2024, will continue until April 29, 2024. Shareholders must make payments for their rights shares by May 7, 2024. The rights issue is priced at a premium of PKR 15.00 per share.
This rights issue allows shareholders to increase their investment in the company under predefined terms. The announcement is part of the company’s strategy to raise capital for further investments and operations.