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HomeFinanceStock MarketNISHAT MILLS LIMITED NE EQUITY INVESTMENT AMOUNT INCREASE KARNAY KE LIYE EOGM...

NISHAT MILLS LIMITED NE EQUITY INVESTMENT AMOUNT INCREASE KARNAY KE LIYE EOGM ANNOUNCE KARDI

KARACHI: As notified to PSX, Nishat Mills Limited ke Directors ne Monday, 19 June 2023 ko 11:00 am ko Company ki Extraordinary General Meeting announce ki hai jis mein Members ki manzoori ke mutabiq Rs. 1,050,000,000 se Nishat Sutas Dairy Limited (NSDL) (Associated Company) ki equity investment amount mein izafa kiya jaye ga. Pehle se manzoor equity investment amount Rs. 1,950,000,000 tha, 195,000,000 ordinary shares ke liye jo Members ne Section 199 ke mutabiq apni Extraordinary General Meeting mein 3 March 2022 ko manzoor kiya tha. Is tarah total equity investment Rs. 3,000,000,000 ( Rupees three billion) ho jayega, Nishat Sutas Dairy Limited (NSDL) se kabhi bhi offer kiye jaane wale 300,000,000 ordinary shares (of PKR Rs. 10 each) ke liye at par fully paid-up subscribe karne ke liye.

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