Karachi, May 14, 2012 (PPI-OT): Resolved That, consequent upon the decision of majority shareholders to purchase / acquire shares without exception from all minority shareholders and get the company delisted from the Exchanges, voluntarily under listing regulations of Karachi stock Exchange (Guarantee) Ltd. And Lahore Stock Exchange (Guarantee) Ltd be and is hereby unanimously approved.
Resolved That Further, Khawaja Mustafa Zulqanain Majid Chief Executive and Khawaja Anver Majid Director of the company be and are hereby authorised jointly to do all deeds, things and acts as may be required in the process of delisting of the company.
For more information, contact:
Bawany Sugar Mills Limited
1st Floor, Block-2,
Hockey Club of Pakistan Stadium,
UAN: 92-21 111-600-447
Ph: 92-21 35657781-6, 92-21 35655131-4
Fax: 92-21 35680533