AGIL decides partial shutdown during October

MG News | November 01, 2023 at 11:43 AM GMT+05:00

0:00

November 01, 2023 (MLN): Agriauto Industries Limited (PSX: AGIL) has decided to partially shutdown during the month of November 2023, a notice issued by the company to PSX on Wednesday showed.

At present, the company is facing a reduction in production volumes of major components.

Agriauto Stamping Company Pvt. Ltd., the wholly owned subsidiary of the AGIL will also observe partial shutdown in November 2023 owing to the reasons stated above.

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

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