Unscheduled maintenance news and material information regarding Engro Fertilisers have resulted in a little selling pressure on the company’s stock at the Pakistan Stock Exchange (PSX) today. However, as expected, it is recovering now.
The company has notified the PSX that, in accordance with Sections 96 and 131 of the Securities Act, 2015, and Clause 5.6.1(a) of the PSX Rule Book, it is providing the following information: The EnVen plant of Engro Fertilisers Limited has been shut down for unscheduled maintenance. The tentative duration of this shutdown is expected to be around four days.
The company has begun the necessary maintenance activities, after which the EnVen Plant is anticipated to resume operations.
Meanwhile, the Base Plant will continue to operate at its normal capacity during this shutdown period.
“Please disseminate this information to TREC holders of the Exchange”, the notification added.