Faran 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 Extraordinary General Meeting held on March 29, 2019, 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 appoint auditors for the year ending September 30, 2020 and fix their remuneration and to consider and approve the payment of cash dividend @ 10% i.e. Re 1 per share for the year ended September 30, 2019 as recommended by the Board of Directors.

Further, the closed period of the company is from January 21, 2020 to January 28, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/141210.pdf

Faran Sugar Mills Limited is a company incorporated in Pakistan on November 03, 1981 as a Public Limited Company. The foundations of the company are laid under the principals of the Companies Ordinance, 1984. The principal business of the company is to manufacture and sale white sugar. The stocks of the company are quoted on the Karachi and Lahore Stock Exchange of Pakistan. The mill of the company is located at Hyderabad Sindh and the registered office of the company is situated at Karachi.

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

© Pakistan Press International, source Asianet-Pakistan