Karachi: Trading in the unpaid rights of Faran Sugar Mills Limited is set to begin on Thursday, December 5, 2024, following the approval of the schedule for the issuance of Right Shares by the Pakistan Stock Exchange Limited. The PSX notice, numbered PSX/N - 1150, dated November 29, 2024, outlined the timeline for this new development.

According to information available from the Pakistan Stock Exchange (PSX), the settlement date for these transactions is scheduled for Monday, December 9, 2024. The Central Depository Company of Pakistan Limited has declared the unpaid rights as eligible security, ensuring that all transactions will be processed through the National Clearing Company of Pakistan Limited.

The Company Code or Security Symbol assigned to Faran Sugar Mills Limited's unpaid rights is "FRSMR." All concerned parties have been advised to take note of these developments.