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Karachi, In a recent meeting held on June 13, 2023, the Board of Directors of Mirpurkhas Sugar Mills Limited has declared Interim Bonus Shares in the proportion of 200 shares for every 100 shares held, equivalent to 200% bonus. The company aims to reward its loyal shareholders with additional shares as a gesture of appreciation for their continued support and confidence.
To facilitate the issuance of these bonus shares, the Share Transfer Books of Mirpurkhas Sugar Mills Limited will remain closed from June 21 to June 22, 2023. During this period, shareholders will not be able to transfer their shares. The closure of the books will allow the company to update its records and ensure accurate allocation of the bonus shares.
This strategic move by Mirpurkhas Sugar Mills Limited reflects the company’s commitment to enhancing shareholder value and maintaining strong relationships with its investors. The bonus shares serve as an opportunity for existing shareholders to increase their stake in the company without any additional financial outlay.
Shareholders are encouraged to take note of the closure period and make any necessary arrangements or inquiries with the company or their respective brokers. Following the completion of the book closure period, shareholders will be able to access their bonus shares and enjoy the potential benefits they offer.