Mehran Sugar Mills Announces Mixed Dividend Distribution

Hyderabad, Mehran Sugar Mills Ltd. (MRNS), trading under the symbol MRNS on the Pakistan Stock Exchange, announced a mixed dividend distribution of 7.5% in cash and 25% in bonus shares for the fiscal year ending in September 2023. Additionally, an interim dividend of 10% was also declared. The company’s paidup capital is Rs. 749.28 million, and it experienced a turnover of 1,367,500 shares with an EPS of Rs. 19.26 for January 2024. The stock reached a high of Rs. 76 and a low of Rs. 57. The last book closure was on February 9, with the company having been a market participant since 1968.