Board of directors meeting of Rafhan Maize Products Company Limited

Karachi, Rafhan Maize Products Company Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on August 16, 2022 at Chicago. The agenda of the meeting will to consider the Quarterly Accounts for the period ended June 30, 2022.

Further, the company has declared the closed period from August 08, 2022 to August 16, 2022.

Rafhan Maize Products Company Limited was incorporated in Pakistan. Ingredion Incorporated Chicago, U.S.A., holds majority shares of the Company. The Company uses maize as the basic raw material to manufacture and sell a number of industrial products, principal ones being industrial starches, liquid glucose, and dextrose, dextrin and gluten meals.

The total number of shares are 9,236,400. The Earnings per share is 659.80 in 2020 which was 589.36 in 2019. The Profit after Taxation of the Company 6,094,231,000 in 2020 which was 5,443,566,000 in 2019.