Appointment of Director of Shahtaj Sugar Mills Limited

Karachi, Shahtaj Sugar Mills Limited informed Pakistan Stock Exchange that Mr. Mushtaq Ahmad has been appointed as Director with effect from May 29, 2019 in place of Mr. Attaullah A. Rasheed.

Shahtaj Sugar Mills Limited was incorporated in Pakistan on March 27, 1965 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the manufacture of sugar from sugarcane. The company also produces Molasses which is a by-product extracted from sugarcane. The commercial production of the company started in November 1968. The stocks of the company are quoted on the Karachi and Lahore Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The mill is located at Mandi Bahauddin in Punjab. The crushing capacity of the mill is 8,000-10,000 metric tons sugarcane per day.

The symbol “SHJS” is being used by the stock exchanges for the shares of Shahtaj Sugar Mills Limited.