Husein Sugar resolves to increase authorized capital to Rs1.6bn

News Image

By MG News | January 28, 2022 at 12:24 PM GMT+05:00

0:00

January 28, 2022 (MLN): Husein Sugar Mills Limited (HSM), in its Annual General Meeting (AGM), held on January 28, 2022, has passed the resolution to increase the authorized share capital of the company from Rs680 million to Rs1.6 billion, the company’s filing on the bourse showed today.

The aforesaid share capital will be divided into 125mn ordinary shares of Rs10 each and 35mn preference shares of Rs 10 each with such preferential, qualified or special rights, privileges, conditions or restrictions attaching thereto as provided under the Companies Act, 2017.

The company shall have the power to vary, modify or abrogate any such rights, privileges or conditions in such manner as may be permitted by law, the notice said.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 132,576.99
161.03M
-0.62%
-826.20
ALLSHR 82,983.68
903.36M
-0.25%
-204.38
KSE30 40,358.80
56.86M
-0.72%
-292.66
KMI30 190,727.32
67.92M
-0.71%
-1356.60
KMIALLSHR 55,698.48
457.08M
-0.27%
-149.22
BKTi 36,242.06
11.15M
-0.50%
-180.82
OGTi 28,323.42
10.71M
-0.40%
-114.19
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,155.00 110,265.00
108,625.00
-60.00
-0.05%
BRENT CRUDE 70.35 70.71
69.61
0.20
0.29%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
1.45
1.51%
ROTTERDAM COAL MONTHLY 108.00 109.00
107.95
0.90
0.84%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 68.60 68.94
67.70
0.27
0.40%
SUGAR #11 WORLD 16.56 16.61
16.08
0.43
2.67%

Chart of the Day


Latest News
July 09, 2025 at 05:27 PM GMT+05:00

Gold price in Pakistan falls Rs3,000 per tola


July 09, 2025 at 05:26 PM GMT+05:00

UBL crowned top performing Primary Dealer in FY25


July 09, 2025 at 05:11 PM GMT+05:00

SECP approves name change for Secure Logistics



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg