October 8, 2018 (MLN): Azgard Nine Limited has successfully begun operations at the property rented from M/S Irfan Textiles Private Limited, apprised an official notification issued to the PSX.
According to the notice, the said facility has become fully functional and has started its operations on schedule.
Previously on January 11, 2018, ANL notified PSX on entering into a Rent Agreement with M/S Irfan Textiles Private Limited, for rental of property/facility of Irfan Textile having an area of 41 Kanals, 3 Marlas and 75 Square Feet with covered area of 100,000 Square Feet, situated in Lahore.
It was further informed that the said facility will initially be used for processing Azgard Nine Limited’s garment products and will not result into any capacity increase.
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