Annual general meeting of Baba Farid Sugar Mills Limited to be held on January 31, 2017

Karachi, Baba Farid Sugar Mills Limited informed Pakistan Stock Exchange that annual general meeting of the company is scheduled to be held on January 31, 2017 at Lahore. The agenda of the meeting will be confirming the minutes of 37th annual general meeting held on January 29, 2016, to receive, consider and adopt the annual audited financial statements of the Company for the year ended September 30, 2016 together with Chairman’s Directors’ and Auditors report thereon. Further, the closed period of the company is from January 25, 2017 to January 31, 2017 (both days inclusive). 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.