Karachi, S.G. Power Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on April 28, 2022.
The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2022 which portrayed a profit of Rs. 177,962 with earnings per share 0.01 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from April 28, 2022 to April 30, 2022 (both days inclusive).
SG Power Limited has been an electricity generating unit to supply the electricity to its associated company SG Fibre Limited.
The symbol “SGPL” is being used by the stock exchange for the shares of SG Power Limited.