Karachi, Noon Sugar Mills Limited and Mr. Taimur Hayat Khan Noon announced a correction in the previously reported acquisition details involving more than 10% of the company’s voting shares. According to information available from the Pakistan Stock Exchange (PSX), the earlier disclosure on April 30, 2024, mistakenly reported the aggregate shareholding by Mr. Noon as 1,769,995 shares. The accurate number of shares held by Mr. Noon is 1,776,995, which represents 10.758% of the total issued shares of Noon Sugar Mills Limited. The company has apologized for the confusion caused by this error and confirmed that measures have been taken to prevent such discrepancies in the future.
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