Bawany Sugar Mills.
Bawany Sugar Mills Ltd. has played a vital role in maximising the sugar production in Pakistan. The company has put all its efforts and available resources to increase cane cultivation by distributing fertilizers and pesticides to the growers, giving cash loans, seeds and agricultural implements. The company also pays additional cane price by way of quality premium to growers on average recovery above 8.70% as per order of the government every year. The overall performance of the company depends upon the professional management and skill of the company's team of qualified engineers, technicians, agronomist and sugar technologists who are efficiently operating the plant.
Return to Shareholders
The total paid-up capital of the company stands at Rs. 44.00 million. The details of dividend and bonus shares paid by the company to its shareholders during the past five years are given in table:
The performance of company in terms of production and profitability remains satisfactory and the shareholders have been paid good dividend annually. The company has received "FOOD/EUROPE AWARD" in 1981 and the prestigious Gold Mercury Award in 1982 for its meritorious performance. Bawany Sugar Mills Limited has also received Awards of Top Companies of 1980 to 1983 from the Karachi Stock Exchange Limited, for four consecutive years and also in the year 1985-86 and 1989-90 out of the 26th annual reports.
The Company's shares are quoted high on the Karachi/Lahore Stock Exchanges and enjoy the confidence of the investors.
Cash Bonus Dividend Shares Total Year (%) (%) (%) 1985-85 35.00 10.19 45.19 1986-87 32.50 - 32.50 1987-88 35.00 - 35.00 1988-89 40.00 - 40.00 1989-90 32.50 10.00 42.50