Indus Motor to shut down production plant

MG News | September 27, 2023 at 03:14 PM GMT+05:00

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September 27, 2023 (MLN): Indus Motor Company Limited (PSX: INDU) has decided to completely shut down its production plant from September 28 to October 09, 2023, a notice issued by the company to PSX on Wednesday showed.

This decision was taken based on the current level of inventory of manufactured vehicles.

At the time of writing, the company’s share is being traded at Rs892.1, up by Rs1.94 or 0.22% as compared to its previous close.

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