Karachi, Mehran Sugar Mills Limited informed Karachi Stock Exchange about the shares registrar appointment of M/s C and K Management Associated Private Limited in place of Evolution Factors Private Limited of the company with effect from January 01, 2016. The address of the share registrar is 404, Trade Tower, Abdullah Haroon Road, near Metropole Hotel, Karachi. The telephone number is (021) – 35687839, 3568930.
Mehran Sugar Mill’s core business is sugar manufacturing and is involved both at farm and factory level.
The company has invested in a JV ethanol company, Unicol Limited, which produces 30 Million litres annually by converting molasses into Ethanol. Unicol Limited is one of Pakistan’s leading ethanol producers and exporters.
Mehran Sugar Mill manages 1,000 acres of farming as a separate profit centre with an objective to cultivate high yielding sugar cane varieties, which can be given to our farmers as seed to improve their future plantations.
Mehran Sugar Mill Limited also manages an equity portfolio of Rs 250 Million with emphasis of investing in leading blue chip companies of Pakistan. The objective of the portfolio is to provide a diversified source of income, through dividends and capital gains.