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Fatima Sugar Mills Limited

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Fatima Sugar Mills Limited
Subsidiary
ISIN🆔
IndustrySugar
Founded 📆1988
Founder 👔
Headquarters 🏙️,
Fazal Garh, Sanawan, Muzaffargarh, Punjab
,
Area served 🗺️
Key people
Fawad Ahmad Mukhtar[1] (Chairman)
Production output
daily 10,500 metric ton crushing capacity
Revenue🤑 6,676 Million PKR (2019)
OwnerFatima Group
Members
Number of employees
🌐 Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
📇 Address
📞 telephone

Fatima Sugar mills Limited (Urdu: فاطمہ شوگر ملز لمیٹڈ "FSML" (Formally known as Reliance Sugar Mills Limited) is a subsidiary of Fatima Holding Limited. The company is engaged in the business of manufacturing and sales of white refined sugar and molasses.

Financing[edit]

The sugar mil project was basically financed by ICP-Led syndicate consisting of ABL, MCB UBL and HBL. Initially the Patron of Fatima Sugar Mill injected a capital of PKR 128.459 Million and afterwards it was enhanced to PKR 720.478 Million at different intervals.

Capital[edit]

Today the total capital of Fatima Sugar Mills Limited as per 2019 annual report is PKR 2,101.708 Million.

In popular culture[edit]

In 2021 FBR team generated a tax demand of approx. PKR 25Billion against FSML [2] also This project is mentioned in two renowned books

  1. Sugarcane Biofuels written by Muhammad Tahir and Imtiaz Ahmad Khan in 2019[3]
  2. Pakistan Doing Business, investing in Pakistan Guide[4]

References[edit]

  1. "FATIMA.PK Company Profile & Executives - Fatima Fertilizer Co. Ltd. - Wall Street Journal". www.wsj.com.
  2. "FBR creates Rs469 bn tax demand against 81 sugar mills". www.thenews.com.pk.
  3. Khan, Muhammad Tahir; Khan, Imtiaz Ahmed (2019-06-29). Sugarcane Biofuels: Status, Potential, and Prospects of the Sweet Crop to Fuel the World. Springer. p. 179. ISBN 978-3-030-18597-8.CS1 maint: Date and year (link) Search this book on
  4. USA, IBP (2018-02-03). Pakistan: Doing Business, Investing in Pakistan Guide - Practical Information, Regulations, Contacts. Lulu.com. p. 186. ISBN 978-1-387-56729-4.CS1 maint: Date and year (link) Search this book on


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