Chashma Sugar Mills Limited Completes Amalgamation With Subsidiary


Karachi: Chashma Sugar Mills Limited has announced the completion of its amalgamation with its wholly-owned subsidiary, Ultimate Whole Foods (Private) Limited, as of September 11, 2025. The integration, which took effect from June 10, 2025, is in accordance with Section 96 and 131 of the Securities Act, 2015, and Clause 5.6.1 (a) of the Pakistan Stock Exchange (PSX) Regulations.



According to information available from the Pakistan Stock Exchange (PSX), the assets, liabilities, rights, and obligations of Ultimate Whole Foods have been transferred to Chashma Sugar Mills Limited under the approved Scheme of Amalgamation. This strategic move is anticipated to streamline operations and enhance administrative efficiency, bolstering the financial and operational standing of the group in the long term.



The completion of this amalgamation marks a significant development for Chashma Sugar Mills Limited, as it continues to focus on consolidating its resources and strengthening its market position within the designated market category of the PSX.