Karachi, Faran Sugar Mills Limited informed Karachi Stock Exchange about the annual general meeting of the company scheduled will be held on January 28, 2016.
The agenda of the meeting will be confirming the minutes of extraordinary general meeting held on October 27, 2015, consideration of the audited financial statement of the company for the year ended September 30, 2015, considering the payment of cash dividend of 50%, appointing and fixing the remuneration of the auditors.
Further, the closed period of the company is from January 21 to January 28, 2016 both days inclusive.
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.