Tandlianwala Sugar Mills Limited Recommends Increase in Authorized Share Capital in Special Board Meeting.

Karachi -- The board meeting held via video conference call, the Board of Directors of Tandlianwala Sugar Mills Limited proposed significant changes to the company's share capital. The recommendations put forth in the meeting will now be presented for approval at the upcoming Extraordinary General Meeting (EOGM) by the Members of the Company.

The first key recommendation made by the board is to increase the Authorized Share Capital of the company. Currently standing at Rs 1,200,000,000 divided into 120,000,000 ordinary shares of Rs 10/-...