KARACHI: Sakrand Sugar Mills Limited has successfully completed the transfer of a 25% equity stake to incoming investors, marking a significant milestone in the implementation of the company’s previously approved Revival Plan.
In a material information disclosure submitted to the Pakistan Stock Exchange (PSX) on July 22, 2026, the company stated that the Board of Directors had earlier approved a comprehensive Revival Plan, one of whose key components involved the acquisition of a 25% equity stake by incoming investors.
According to the disclosure, the transaction was carried out through the purchase of shares from the company’s existing sponsors and directors. The transfer has now been successfully completed after obtaining all the necessary regulatory approvals.
The company noted that the completion of the equity transfer represents an integral step in executing its broader restructuring strategy. Management said the update is being shared with shareholders to keep them informed about the progress of the Revival Plan and its implementation.
The successful induction of new investors is expected to strengthen the company’s ownership structure and support its efforts to improve operational and financial performance as it moves forward with its turnaround strategy.
Sakrand Sugar Mills emphasized that the disclosure has been made in accordance with Sections 96 and 131 of the Securities Act, 2015, and Clause 5.6.1 of the Pakistan Stock Exchange Rule Book governing the public disclosure of material information.
