Disclosure of the Acquisition and Transfer of 10.13% voting Shares of Shakarganj Limited


Karachi, Shakarganj Limitedinformed Pakistan Stock Exchange that the aggregate current shareholdings of M/s Masood Fabrics Limited, the said shareholders hold 17,694,840 shares of the Company Comprising of 14.16% of the paid-up share capital of the Company as on January 19, 2018 as per beneficial ownership report of the CDC.

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.