Shahtaj Sugar Mills Limited informed Pakistan Stock Exchange that extraordinary general meeting of the company is scheduled to be held on March 31, 2020 at Karachi.

The agenda of the meeting will be confirming the minutes of the annual general meeting held on January 28, 2020, to elect 10 Directors of the Company as fixed by the Board under Section 159 (1) of the Companies Act, 2017 for a period of 3 years commencing from April 01, 2020 and to transact any other ordinary business with the permission of the Chair.

Further, the closed period of the company is from March 24, 2020 to March 31, 2020 (both days inclusive).

The announcement is available at:

https://dps.psx.com.pk/download/document/144486.pdf

Shahtaj Sugar Mills Limited was incorporated in Pakistan on March 27, 1965 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the manufacture of sugar from sugarcane. The company also produces Molasses which is a by-product extracted from sugarcane. The commercial production of the company started in November 1968. The stocks of the company are quoted on the Karachi and Lahore Stock Exchange of Pakistan. The registered office of the company is located in Karachi. The mill is located at Mandi Bahauddin in Punjab. The crushing capacity of the mill is 8,000-10,000 metric tons sugarcane per day.

The symbol "SHJS" is being used by the stock exchanges for the shares of Shahtaj Sugar Mills Limited.

© Pakistan Press International, source Asianet-Pakistan