Ansari Sugar Mills Board of Directors to Discuss Election and Director Fixation in Upcoming Meeting

By PPI News Agency Jul7,2023

Karachi, Ansari Sugar Mills Limited has announced that a meeting of its Board of Directors is scheduled to take place on July 13, 2023, in Karachi. The meeting will address several important agenda items, including the confirmation of minutes from the previous board meeting and discussions related to the forthcoming election of directors.

During the meeting, the board will also deliberate on the fixation of the number of directors for the next term of three years, which will be further presented for approval at the Annual General Meeting. Additionally, any other pertinent matters will be considered by the board during the meeting.

To ensure compliance with regulations, Ansari Sugar Mills Limited has declared a "Closed Period" from July 7, 2023, to July 13, 2023, as required under Clause 5.6.1.(d) of the PSX Regulations. During this period, no Director, CEO, or Executive of the company is permitted to engage in any dealings involving the shares of the company, either directly or indirectly.

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