Chashma Sugar Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on January 27, 2020 at Karachi.

The agenda of the meeting will to confirm the minutes of the Extra Ordinary General Meeting held on December 27, 2019, to receive, consider and adopt the Audited Financial Statements of the Company together with the Directors' and Auditors' reports for the year ended September 30, 2019, to consider and approve the payment of final cash dividend. The Board of Directors has recommended payment of final cash dividend ofRs. 5.00 per share (50%) for the year ended September 30, 2019, to appoint the Auditors of the Company and to fix their remuneration for the financial year ending September 30, 2020 and to transact any other business of the Company as may be permitted by the Chair.

Further, the closed period of the company is from January 17, 2020 to January 27, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/141242.pdf

Chashma Sugar Mills Limited is a company incorporated in Pakistan on May 5, 1988 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The commercial production of the company started from October 01, 1992. The company is engaged principally in the manufacture and sale of white sugar. The company is a subsidiary of The Premier Sugar Mills and Distillery Company Limited. The stocks of the company are quoted on the Karachi, Lahore and Islamabad stock exchanges of Pakistan. The head office of the company is located in Islamabad.

The symbol "CHAS" is being used by the stock exchange for the shares of Chashma Sugar Mills Limited.

© Pakistan Press International, source Asianet-Pakistan