Chasha Sugar Mills incorporates a new subsidiary

CHAS - Material Information
Posted by: Aamir Hayat 2

Chasha Sugar Mills incorporates a new subsidiary

In a notification sent to the PSX on 19/03/2024, Chashma Sugar Mills (CHAS) has announced that it is setting up a new subsidiary.

Chashma Sugar Mills Limited is to create a new company called “Premier Grain Ethanol Limited“. The company will produce and sell various varieties of Ethanol and related products. The paid-up capital of the new company will be 650.02 million rupees divided into 65.002 million Ordinary Shares.

The shares of CHAS were trading at Rs. 65.00 at market close today.


📢 Announcement: We're Moving to Discord – Join Us There! 

 

Hi everyone! 👋

To improve your experience and offer additional features, we’re moving our community from WhatsApp to Discord!

Here’s what you’ll get on Discord:

✅ Research Reports Channel – Access a regularly updated compilation of valuable research reports
✅ PSX24/7 Bot – Ask anything about the PSX and get instant insights powered by KSEStocks historical data
✅ Organized Channels – Separate spaces for discussions, news, reports, and more
✅ Better Notifications – Control what you see and when
✅ Smoother Interaction – Easier to follow and participate in conversations
✅ Organized trading ideas - trading ideas that you can discuss and keep track of

Join now 👉 https://discord.gg/kST9hWjS

 


 

⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *