Mirpurkhas Sugar Mills Limited Plans for Growth with 42.957% Rights Issue

Business & Finance

Mirpurkhas, Mirpurkhas Sugar Mills Limited has announced a 42.957% rights issue, part of its strategy to raise funds for capacity expansion and to reduce its debt. This initiative is aimed at improving the company's financial health and positioning it for sustained growth in the competitive sugar industry. The rights issue reflects the company's proactive approach to capital management and its focus on creating long-term value for its shareholders.