Al-Noor Sugar Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on January 28, 2020 at Karachi.

The agenda of the meeting will be confirming the minutes of 49th Annual General Meeting held on January 27, 2018, to receive, consider and adopt the Annual Audited Financial Statements of the Company for the year ended September 30, 2019 together with the Directors and Auditors Reports thereon, to approve payment of Cash Dividend @ 30% i.e. Rs. 3.00 per ordinary share of Rs. 10/= each for the year ended September 30, 2019 as recommended by the Board of Director and to appoint auditors and fix their remuneration.

Further, the closed period of the company is from January 21, 2020 to January 30, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/141174.pdf

Al-Noor Sugar Mills Limited was incorporated in Pakistan on August 08, 1969 as a public limited company under the Companies Act, 1913 now referred to as the Companies Ordinance, 1984. The principal activity of the company is manufacturing sugar, medium density fiber board and power generation. The registered office of the company is located in Karachi. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The manufacturing facilities are located at Shahpur Jahania, District Nawabshah in the province of Sindh.

Al-Noor Sugar Mills Limited is a subsidiary of the Al-Noor Group. The Al-Noor group is engaged in the business of manufacturing white refined sugar, MDF board under the Lasani brand and trading and insurance business. The associated undertakings of the group include Shahmurad Sugar Mills Limited, Shahmurad Distillery Unit, First Al-Noor Modaraba and Reliance Insurance Company Limited.

The symbol "ALNRS" is being used by the stock exchanges for the shares of Al-Noor Sugar Mills Limited.

© Pakistan Press International, source Asianet-Pakistan