Ranipur Sugar Mills, a private limited company, incorporated on 4 th July 1998 having its
registered office at Karachi. The company acquired / taken possession of the sugar mills in the
name and style of Consolidated Sugar Mills on 1 st July 1998 through the official Assignee of
Karachi High Court of Sindh in J.Misc. No 99 of 1994. Entire acquisition / purchase price was
paid to the satisfaction of the court as per the court approved arrangements.
Originally, the RSM was owned by two families in 50:50 ratio, one headed by Dr. Abdul Malik
Arian– leading surgeon practicing in USA and other by Mr. Imam Din Shouqeen – A renowned
industrialist of Popular Group. Later on, in 2002, Mr. Imam Din and his family sold their shares
to Dr. Abdul Malik Arain and his family who became the sole owner of the company till Jun,
In April 2017, Dr Abdul Malik Arain and his family members entered into a sale purchase
agreement with Mr. Shunaid Qureshi to sell their entire shares / interest in the company. The
transaction was completed and entire shareholding was shifted to Mr. Shunaid Qureshi holding
company namely M/s. Al-Madad Holdings (Private) Limited. This holding company would be
the business venture of two friends namely Mr. Shunaid Qureshi (60%) and Mr. Ashraf Qazi
(40%) through his company namely M/S Silver Lake Partners FZE, Umm Al Quwain, UAE.
Mr. Shunaid Qureshi – a renowned industrialist of the town having decades of experience in
establishing and running the sugar mills with diversified portfolio of other investments in Media,
(HUM TV), Energy, Cement, real estate and active player in Stock Market. He had secured a
gold medal in Industrial Engineering from Mehran University of Engineering and Technology
Jamshoro. Sindh. He is associated with sugar industry from last two decades and led the
Pakistan Sugar Association in the capacity of Chairman for six years. He also led the PSMAC
from 2013 to 2016 on all Pakistan bases at various capacities Chairman/Vice Chairman. He is
known for his entrepreneur and leadership skills in the market and enjoys good repute among the
business circles and financial market with clean ECIB record and wealthy gentleman.
Present Board of Directors consist of
Mr. Shunaid Qureshi – The Chairman
Mr. Shahmeer Shunaid – The CEO
Mrs. Sultana Siddiqui – The Director.
The Mills capacity has been enhanced and extended from 1500/4000 TCD to
Crushing Capacity 12,500 TCD
Power Generation 25.5 MWT.
The Mills situated on Highway of Ranipur, District Khairpur (Sindh) and very well connected
with main Railway Lines and all principle cities of the country. The location is ideal for the
Sugar Industry with following advantages over other sugar mills.
· Great Potential for expansion as the company owned and possesses 134 Acres of Land and
plentiful raw material.
· Rich Sugarcane Area:- The Mill is located in the hub of sugarcane cultivated area. The
district even feeds the sugar mills of far areas due to ample availability of sugarcane.
· Good interconnectivity:- The mill is well connected with metal roads with sugarcane fields
and it is first choice of the farmers to sell their crop due to easy approach and nearby
· Availability of Skilled and unskilled labour.
· Availability of infrastructure facilities like water, power, natural gas, raw material, labour,
· Power Generation Permission. The company has Power Generation license upto 25.5 MWT
from respective authorities to diversify the mills operations and proper utilization of Baggass
(by- products) to improve the revenue.
GROUP PROFILE OF THE NEW SPONSORS
The sponsors of the company have sufficient cash resources, ample industrial experience and
they have in a position to meet their obligation under the financial flame with ease.
The following persons are the Sponsors of the company.
- Mr. Shunaid Qureshi Chairman
- Mr. Shahmir Shunaid Chief Executive
- Mrs. Sultana Siddiqui Director
Mr. Shunaid Qureshi
Mr. Qureshi graduated from Mehran University of Engineering & Technology – Jamshoro,
Pakistan in First Position with Three Gold Medals in BE/Industrial. He is Managing Director
of Al – Abbas Sugar Mills & Distilleries Limited. He is a renowned industrialist, businessman
and former Chairman of the Pakistan Sugar Mills Association. He has been in the Sugar
Industry for more than two decades and led the Pakistan Sugar Association in the capacity of
Chairman for a period of 06 years. He held the position of Chairman, PSMAC for the terms
2013-2014, on All Pakistan basis. He was also Vice Chairman of Pakistan Sugar Mills
Association Centre (PSMAC) for the terms 2014-2016.
Mr. Shahmir Shunaid
Completing his Leadership in Organizations Degree (Business Administration) from
the University of San Francisco, Shahmir Shunaid has always been a part of the
entrepreneurial world. Working in the Silicon Valley, with companies such as
PeerNova, Secret Builders and Whizz Systems, he has always had a profound interest
in the manufacturing as well as organizational behavior. His expertise lies in Business
Operations, with global technology experience and a clear vision for success. An
innovative and entrepreneurial recent graduate, Shahmir Shunaid has always sought
out new and challenging projects and is often recognized for his exceptional work
Mrs. Sultana Siddiqui
Ms. Sultana Siddiqui is the founder and President of HUM Network Ltd., Pakistan’s largest and
fastest-growing entertainment broadcast station and recognized as one of the top 25 Companies
listed on the Karachi Stock Exchange.
Ms. Siddiqui started her career as a producer at state owned Pakistan Television Corporation
(PTV) from Karachi station in 1974. During her tenure she produced numerous shows focusing
on music, children programming, prime time fictional serials and one off specials. In 1996, she
founded a production house by the name of “Moomal Productions” specializing in fictional series
and setting benchmarks for the entire industry.
In 2004 she established HUM Network Ltd.; the first TV broadcast station to be listed on the
Karachi Stock Exchange. Thus Ms. Siddiqui became the first woman in South Asia to launch a
television network and is currently leading it successfully as its President.
She has received numerous national and international awards including: PTV’s Silver Jubilee
Award (for children’s programming), Best Producer award for music, 10 Years Best Producer
1987-1997; Woman of Vision Award ((Media Women Journalists And Publisher’s Organization)
Hazrat Khadijat ul Kubra award (Federation of Business and Professional Women, Pakistan );
Nigar Award (the most popular Film and media Awards in Pakistan), The Gr8! “Scroll of
Honour” (media) 2015 award at the Gr8! Women Awards 2015 for the outstanding achievements
in the field of entertainment, “Best Leadership Award 2015 ” by CEO Club Pakistan & Manager
Today Magazine in honor of sincere and tireless efforts to contribute towards economic growth of
In recognition of her dedicated and outstanding services in the field of Art (TV production) the
President of the Islamic Republic of Pakistan, conferred the Presidential Award of “Pride of
Performance” to her in 2008. Ms. Siddiqui was awarded honorary PHD in media sciences by
Greenwich University Karachi in 2016 for her contribution to the field of media in Pakistan.
She is contributing with passion towards women’s causes and social issues, including running
schools in the rural area of Sindh, Pakistan, which mainly focused on girls’ education & Women
empowerment. Ms. Siddiqui has officially represented Pakistan in various workshops and
seminars abroad. She has been associated with various NGOs that are working on women’s issues
and served in many of their boards. Through her work she has projected the soft & positive image
of Pakistan by making women the central theme of her plays and shows.
Ms. Siddiqui was ranked as one of the top 100 business leaders of Pakistan in 2012 and 2013 by
CEO Summit Asia.
- Al-Abbas Sugar Mills Ltd.
- Hum TV Network
- SSJD Bio-Processor
- Al-Madad Holdings (Pvt.) Ltd.
- Al-Abbas Power Generation Ltd.
- Javedan Corporation Limited.
The Sponsors have solid plans to convert this mills into a composite industrial
unit with diversified and well integrated activities like Sugar, Power, Distillery,
Steal Mills and value added products of sugar. The sponsors are working with
various engineering companies locally and international to invent a mechanically
gur manufacturing unit which would increase the recovery/yield from 9.5% to
15.00% around and almost 40% improved pricing with Zero Sales Tax. Similarly
installation of Confectionary unit to use the sugar for value added products to
improve the profit margins and to play its role in GDP of the country. The
Sponsors possess good resources to implement their future plans and enjoys good
repute in the market and quite capable to achieve the same.