Mirpurkhas Sugar Mills Announces Substantial Dividend and Rights Issue

Mirpurkhas, Mirpurkhas Sugar Mills Ltd. (MIRKS), a longstanding entity in the Sugar & Allied Industries sector since 1964, declared a 200% bonus dividend for the year 2024, significantly up from 15% in 2023. Additionally, the company announced a 42.957% rights issue, reflecting its strategic initiatives for growth and expansion. With an EPS of 34.01 for the January to March 2024 period and a paid-up capital of 465.58 million rupees, MIRKS’s announcements underscore its robust financial health and optimistic outlook for the future.

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Shareholder Reports Significant Loss of Share Certificates at Mahmood Textile Mills

Karachi: Mahmood Textile Mills Limited has announced the loss of a substantial number of shares by one of its shareholders, Mr. Muhammad Muzaffar Iqbal. The shareholder reported the loss of share certificates covering a total of 208,259 shares, a sign...

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