Commercial Credit Report for Shahtaj Sugar Mills Ltd

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	Shahtaj Sugar Mills Ltd
72-C-1, MM Alam Road,, Gulberg III,
Phone: +92 4235710482p:+92 4235710482	LAHORE, 54660 Pakistan	Ticker: SHJSSHJS

Business Summary

Shahtaj Sugar Mills Limited is a Pakistan-based company, which is engaged in the manufacturing and sale of sugar, whereas molasses and bagasse are its by-products. The Company manufactures, manages, treats, processes, and sells sugar produced from sugarcane, sugar beet, raw sugar, and other vegetables. The Company also deals in various activities, such as to grow sugarcane, sugar beet, setting up plant and equipment to produce ethanol from molasses, setting up steel re-melting unit and to do all other matters related to its by-products. The Company's mill is located at Mandi Bahauddin in the Province of Punjab. The Company's crushing capacity of mills is 8,000 to 10,000 metric tons of sugarcane per day. The Company is focused on setting up a bagasse-based power project of installed gross capacity of 32 megawatts (MW) with 15 MW spillover to the National Grid. The Company's production plant is located at Kuthiala Saidan, Mandi Bahauddin.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
12/31/2023	9/30/2023	Yes	-	-	-	-

Industries

SIC Code	Description
2061	Cane sugar, except refining

Officers and Directors

Title	Name	Title Date	Start Date
Chief Executive Officer, Executive Director	MuneerNawaz
Chief Financial Officer	WaqarAhmed	7/1/2015	7/1/2015
Executive Director	IjazAhmad
6 additional Officers and Directors records available in full report.

General Information

Outstanding Shares:	12,011,096	(As of 12/31/2023)
Shareholders:	604
Stock Exchange:	PSX
Fax Number:	+92 4235711904

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