Board of directors meeting of Dewan Sugar Mills Limited
Karachi, Dewan Sugar Mills Limitedinformed Pakistan Stock Exchange that board of directors meeting of the company will be held on January 03, 2018 at Karachi to consider the conversion of the outstanding loans into equity of the Company, by way of a further issue of shares under the first proviso to section 83(1) of the Companies Act, 2017.
Further, the company has declared the closed period from December 29, 2017 to January 03, 2018.
Dewan Sugar Mills Limited is a company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in manufacturing and sale of white refined crystalline sugar, processing and trading of by-products and other related activities and allied products. The stocks of the company are quoted on the Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is located in Karachi and the manufacturing facility of the company is located in Thatta.
The symbol “DWSM” is being used by the stock exchanges for the shares of Dewan Sugar Mills Limited.