Karachi: Baba Farid Sugar Mills Limited informed Karachi Stock Exchange about the board of directors meeting of the company scheduled will be held on December 31, 2015 at Lahore. The agenda of the meeting shall be consideration of audited annual accounts for period ended September 30, 2015.
Further, the closed period of the company shall be from December 23, to December 31, 2015 both days inclusive.
Baba Farid Sugar Mills Limited is a company incorporated in Pakistan in 1978 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. It is principally engaged in the manufacturing and sale of sugar including its by-products i.e. Molasses and V. Filter Cake. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Karachi and its manufacturing facility is located in Punjab.
Baba Farid Sugar Mills Limited is the second sugar mill of the Imporient Group and is located in Okara. The production capacity of the company is 27,200 Tonnes. The company is also a member of the Chamber of Commerce and Industry.
The symbol “BAFS” is being used by the stock exchanges for the shares of Baba Farid Sugar Mills Limited.