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Karachi, Shahmurad Sugar Mills Ltd. (SHSML) has announced an impressive dividend payout in the latest trading session on the Pakistan Stock Exchange. The company’s shares reached a high of Rs. 380 and a low of Rs. 330 with a daily weighted average rate of Rs. 211.19. The significant financial announcement included a 200% distribution for the par value, followed by an extraordinary 500% increase in paidup capital. Shahmurad Sugar Mills, which was listed in 1984, saw a total turnover of 228,900 shares. This financial move has marked a notable period for the company as it heads towards the end of the fiscal year in September.
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