Profit

September 16, 2024

Bolan Castings to resume operations after temporary suspension

Production to restart on September 18 following a brief halt, company informs stockholders

News Desk

News Desk

September 16, 2024

Bolan Castings to resume operations after temporary suspension

Bolan Castings Ltd. has announced the resumption of its production activities, effective September 18, 2024, after a brief suspension.

The decision was communicated in a notification to the Pakistan Stock Exchange (PSX) on Monday, following an earlier disclosure on August 23, 2024, regarding the temporary halt.

“Reference is made to our earlier disclosure dated August 23, 2024, regarding the suspension of production activities of the Company.  The management of the Company has now decided to resume its production activities, effective Wednesday, September 18, 2024,” read the company’s notice to the PSX.  

The company, a part of the Millat Group, had previously halted operations, but the management has now confirmed that production will restart on the given date. 

Bolan Castings Ltd., located in Hub Chowki, Balochistan, manufactures castings for automotive, agricultural, and other industrial sectors.

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