Ansari Sugar Mills Limited Ordered to Hold Annual General Meeting

Karachi, Ansari Sugar Mills Limited to hold an Annual General Meeting (AGM) and lay the Annual Audited Accounts of the Company for the year ended September 30, 2018.

The Company had failed to hold the said AGM, which was required by law. In a statement issued by Muhammad Aurangzeb Khan, the Director and Chairman of Ansari Sugar Mills Limited, he confirmed the request made by the SECP and stated that he is fully conversant with the facts of the case.

The AGM is a crucial event for shareholders as it provides them with an opportunity to review the financial performance of the company and hold its management accountable for any shortcomings.