Disclosure of Change in Subsidiary Status - Shakarganj Food Products Limited
Shakarganj Limited announces the dilution of its shareholding in Shakarganj Food Products Limited, resulting in the latter no longer being a subsidiary of the company.
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Shakarganj Limited announces the dilution of its shareholding in Shakarganj Food Products Limited, resulting in the latter no longer being a subsidiary of the company.
The Board of Directors of Shakarganj Limited appointed Mr. Manzoor Hussain as Chairman and Mr. Muhammad Pervez Akhtar as Chief Executive Officer effective 09 June 2026.
Shakarganj Limited has scheduled a Board of Directors meeting to consider the agenda other than financial results on June 9, 2026.
Shakarganj Limited held an Extraordinary General Meeting where new directors were elected for a three-year term.
Shakarganj Limited informed PSX that it has transmitted its quarterly financial statements for the period ended 2026-03-31 and that the statements will also be placed on the company’s website.
Shakarganj Limited announced its financial results for the quarter ended 31 March 2026. Using the quarter columns shown in the statement, unconsolidated net revenue rose sharply year-on-year, but the company remained loss-making, with loss after tax widening to Rs. 1,299.247 million and EPS deteriorating to Rs. (10.39). The announcement also states no cash dividend, bonus shares, rights shares, or other entitlement/corporate action. Separately, the auditors’ review report cited a basis for adverse conclusion, highlighting accumulated loss, adverse current ratio, overdue statutory obligations, and material uncertainty over going concern.
Shakarganj Limited has announced an Extraordinary General Meeting on 1 June 2026 to elect seven directors from thirteen candidates. The notice also sets out e-voting and postal ballot procedures, eligibility timing, and submission instructions.
Shakarganj Limited announced a board meeting for Monday, 25 May 2026 at 10:00 a.m. via Zoom to consider and approve the unconsolidated and consolidated condensed interim financial statements for the second quarter and six months ended 31 March 2026, and to decide any entitlement for shareholders. A closed period has been declared from 18 May 2026 to 25 May 2026.
Reference
Shakarganj Ltd (SML) is tracked on Investify with Pakistan Stock Exchange market data, price history, day range, 52-week range, fundamentals, technical indicators, company announcements and related PSX index context.
FAQ
Shakarganj Ltd (SML) last traded at PKR 118.50. The price is up +3.92 (3.42%) from the previous close of PKR 114.58.
Shakarganj Ltd trades on the Pakistan Stock Exchange under the ticker SML. On Investify, you can find this stock by searching for SML.
The day range for SML is PKR 112.00 to PKR 119.56, based on the latest available market data on this page.
The 52-week range for SML is PKR 60.99 to PKR 167.42.
SML volume is 3 shares in the latest live quote shown by Investify.
SML is shown in these PSX index groups on Investify: KSEALL, KMIALL.
SML appears in Investify's index membership data for KMIALL, which are PSX Islamic or Shariah-focused index groups.
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Shakarganj Ltd (SML) is a Sugar & Allied Industries company listed on the Pakistan Stock Exchange (PSX). This page tracks the live SML share price, day range and 52-week range, along with fundamentals, technical indicators, dividends, company announcements and the company profile for PSX investors.
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