AGIL, Agriauto Stamping to observe partial shutdown in January

MG News | January 01, 2024 at 02:16 PM GMT+05:00

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January 01, 2024 (MLN): On the back of the reduction in production volumes of Agriauto Industries Limited (PSX: AGIL)'s major customers, the company will be observing a partial shutdown during January 2024, the company's filing on PSX showed.

Agriauto Stamping Company Pvt. Ltd., the wholly owned subsidiary of the company will also observe a partial shutdown in January 2024 owing to the reasons stated above.

AGIL is engaged in the manufacture and sale of components for automotive vehicles, motorcycles and agricultural tractors.

At the time of writing, the scrip of the company is being traded at Rs99.76.

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