AGIL, subsidiary production halts extend into October

MG News | October 02, 2023 at 11:17 AM GMT+05:00

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October 02, 2023 (MLN): The management of Agriauto Industries Limited (PSX: AGIL) has informed PSX that due to a reduction in production volumes of major customers, the company will be observing a partial shutdown during the month of October 2023.

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

It is important to note that this closure is an extension of the situation in September when the company was closed for similar reasons.

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