{"id":12298,"date":"2024-12-28T01:32:30","date_gmt":"2024-12-28T01:32:30","guid":{"rendered":"https:\/\/gsrra.com\/?p=12298"},"modified":"2024-12-28T01:32:32","modified_gmt":"2024-12-28T01:32:32","slug":"packages-limited-to-inject-rs-3-billion-into-starchpack","status":"publish","type":"post","link":"https:\/\/gsrra.com\/?p=12298","title":{"rendered":"Packages Limited to Inject Rs. 3 Billion into StarchPack"},"content":{"rendered":"\n<p>The Board of Directors (BoD) of Packages Limited (PSX: PKGS) has accorded its approval for injection of up to Rs. 3 billion into its 100 percent wholly owned subsidiary StarchPack (Private) Limited (StarchPack).&nbsp;<\/p>\n\n\n\n<p>The BoD has accorded its approval for injection of up to Rs. 3 billion in various forms including ordinary share capital, subordinated debt and conversion of any prior loan to equity into StarchPack, the company said in a notice to the Pakistan Stock Exchange (PSX) on Friday.&nbsp;<\/p>\n\n\n\n<p>The injection is subject to compliance with applicable laws and fulfilment of applicable corporate and regulatory approvals, if any.&nbsp;<\/p>\n\n\n\n<p>StarchPack is a wholly owned subsidiary of the company and is involved in the manufacturing and sale of corn-based starch products, its derivatives and by-products.&nbsp;<\/p>\n\n\n\n<p>Reference Link:- <a href=\"https:\/\/propakistani.pk\/2024\/12\/27\/packages-limited-to-inject-rs-3-billion-into-starchpack\/\" target=\"_blank\" rel=\"noopener\">https:\/\/propakistani.pk\/2024\/12\/27\/packages-limited-to-inject-rs-3-billion-into-starchpack\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Board of Directors (BoD) of Packages Limited (PSX: PKGS) has accorded its approval for injection of up to Rs. 3 billion into its 100 percent wholly owned subsidiary StarchPack (Private) Limited (StarchPack).&nbsp; The BoD has accorded its approval for injection of up to Rs. 3 billion in various forms including ordinary share capital, subordinated [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12299,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[2],"tags":[8981,132,105,8980,157,8979,8978,36],"class_list":["post-12298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sample-category","tag-psx-2","tag-economy","tag-geopolitics-2","tag-injects-rs-3-billions","tag-investment","tag-packages-limited","tag-packages-limited-to-inject-rs-3-billion-into-starchpack","tag-pakistan"],"jetpack_publicize_connections":[],"_links":{"self":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/12298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12298"}],"version-history":[{"count":1,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/12298\/revisions"}],"predecessor-version":[{"id":12300,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/posts\/12298\/revisions\/12300"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=\/wp\/v2\/media\/12299"}],"wp:attachment":[{"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gsrra.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}