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

The agenda of the meeting will be confirming the minutes of 40th Annual General Meeting held on January 28, 2019, to receive, consider and adopt the Annual Audited Accounts along with Balance Sheet for the year ended September 30, 2019 together with the Directors and Auditors Reports thereon, to appoint auditors of the Company for the financial year September 30, 2020 and fix their remuneration and to transact any other business with the permission of the chair.

Further, the closed period of the company is from January 21, 2020 to January 27, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/141193.pdf

Baba Farid Sugar Mills Limited is a company incorporated in Pakistan in 1978 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. It is principally engaged in the manufacturing and sale of sugar including its by-products i.e. Molasses and V. Filter Cake. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi and its manufacturing facility is located in Punjab.

Baba Farid Sugar Mills Limited is the second sugar mill of the Imporient Group and is located in Okara. The production capacity of the company is 27,200 Tonnes. The company is also a member of the Chamber of Commerce and Industry.

The symbol "BAFS" is being used by the stock exchanges for the shares of Baba Farid Sugar Mills Limited.

© Pakistan Press International, source Asianet-Pakistan