Agriauto Industries Ltd Again Extends Partial Shutdown in December

Are you a cricket fan? If so, keep yourself updated on everything related to PSL with these pages: PSL Live Score PSL Points Table PSL Schedule PSL Highlights PSL Statistics

Agriauto Industries Limited (PSX: AGIL) has announced a partial shutdown amid reduced production volumes of its major customers, the company informed the Pakistan Stock Exchange (PSX) on Friday.

“Due to reduction in production volumes of our major customers, the Company will be observing partial shutdown during the month of December 2023,” the filing stated.

Agriauto Stamping Company Private Limited, the wholly-owned subsidiary of the Company will also observe partial shutdown in December 2023 owing to the reasons stated above, the filing added.

It is pertinent to mention here that the company has been observing extended periods of partial shutdowns since February 2023.

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

Get Alerts

Follow ProPakistani to get latest news and updates.

ProPakistani Community

Join the groups below to get latest news and updates.