Karachi, Jauharabad Sugar Mills Limitedinformed Pakistan Stock Exchange that Interim dividend warrants @ Rs. 1 per share, i.e. 10% for year ending September 30, 2017 have been dispatched to the shareholders by registered post or through courier service on February09, 2018.
Jauharabad Sugar Mills Limited (Formerly “Kohinoor Sugar Mills Limited”) is a public limited company, and has an honor of being one of the pioneer sugar mills of Pakistan, established since independence at Jauharabad, District Khushab in the Punjab Province by the Thal Development Authority. The Company has designed crushing capacity of 8000 MT of sugar cane per day. Cane Processing (Pvt) Limited acquired the majority shares from Saigol family under sales purchase agreement dated October 14, 2013.The new management took the control of the Company after the approval of acquisition of majority voting shares and control of the company by the Securities and Exchange Commission of Pakistan. The Company’s name has also been changed to “Jauharabad Sugar Mills Limited” with effect from August 27, 2014. The new management has removed the bottlenecks of the plant and is focused to revitalize the project.
The symbol “JSML” is being used by the stock exchanges for the shares Jauharabad Sugar Mills Limited.