Karachi, Sanghar Sugar Mills Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Karachi on December 30, 2017.
The agenda of the meeting was discussion of profit and loss account for year ended September 30, 2017 which portrayed a loss of Rs. 287,104 with loss per share 21.03 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 January 19, 2018 to January 27, 2018 (both days inclusive).
Sanghar Sugar Mills Limited is a public limited company, is principally engaged in the manufacture and sale of sugar.
Initially Mills having a capacity of 2,000 T.C.D. was installed. Subsequently the capacity has been increased which currently stands at 6,000 T.C.D.
The symbol “SANSM” is being used by the stock exchanges for the shares Sanghar Sugar Mills Limited.