AGIL to observe partial shutdown in May

MG News | May 02, 2023 at 12:49 PM GMT+05:00

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May 02, 2023 (MLN): The management of Agriauto Industries Limited (AGIL) has decided to observe a partial shutdown during May 2023 as the production volume of its major customers has declined.

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

"Due to the reduction in production volumes of our major customers, the company will be observing partial shutdown during the month of May 2023," the notice issued to PSX read.

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