Karachi, The board meeting scheduled for June 1, 2023, Lucky Cement Limited will convene its directors in Karachi to deliberate on matters other than financial results. The company has declared a “Closed Period” from June 1 to June 1, signaling a period of restricted trading or sharing of financial information. During this board meeting, the esteemed directors of Lucky Cement Limited will delve into various non-financial aspects pertaining to the company’s operations and strategies.

Karachi, The board meeting held via video conference call, the Board of Directors of Tandlianwala Sugar Mills Limited proposed significant changes to the company’s share capital. The recommendations put forth in the meeting will now be presented for approval at the upcoming Extraordinary General Meeting (EOGM) by the Members of the Company.

The first key recommendation made by the board is to increase the Authorized Share Capital of the company. Currently standing at Rs 1,200,000,000 divided into 120,000,000 ordinary shares of Rs 10/- each, the proposed amendment seeks to raise the Authorized Share Capital to Rs 7,200,000,000. This new figure will be divided into 720,000,000 ordinary shares, each valued at Rs 10/-.

The Notice of the Extraordinary General Meeting, scheduled to take place on June 22, 2023, will be dispatched to shareholders in due course of time.