Karachi, Shakarganj Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on January 26, 2018 at Lahore.
The agenda of the meeting will to receive, consider and adopt the Chairman’s Report, Reports of Directors and Auditors together with Audited Annual Financial Statements for the year ended September 30, 2017, to approve the Payment of final cash dividend Rs. 1.25 per share (i.e. @12.5%) for the year ended September 30, 2017 as recommended by the Board of Directors and to appoint Company’s auditors and to fix their remuneration.
Further, the closed period of the company is from January 16, 2018 to January 26, 2018 (both days inclusive).
Shakarganj Limited was incorporated in Pakistan in 1967 as a Public Limited Company and is listed on Pakistan stock exchange.Shakarganj is a leading manufacturer of food products, bio fuel and building materials as well as textiles. They transform renewable crops such as sugarcane and cotton into value added products comprising of refined sugar, textiles, bio fuels and building materials in addition to generating bio power from biogas. Shakarganj has two manufacturing facilities in the Jhang District and a registered office in Lahore.
Shakarganj, through its interest in Shakarganj Food Products Limited, is also active in production of dairy and fruit products and is one of the leading brands in the Pakistan retail market.
The symbol “SGML” is being used by the stock exchange for the shares of Shakarganj Limited.