Karachi January 20 2022: Bolan Castings Limited (BCL) as a part of its annual maintenance plan will shut down its manufacturing plant from Monday 24th January 2022 to Sunday 6th February 2022 as per company filling to the exchange.
The plant will resume operations not latest by Monday 7th February 2022.
“It is also expected that the agriculture sector will continue to perform better on account of continuing support of the government to the sector which will not only boost the agriculture sector but also increase the sale of tractors, its parts and accessories in spite of challenges of devaluation of Pakistani Rupees and inflation which can result in high cost of production and may affect the profitability of the company. Being the tractor’s vending industry, we are also gearing up to provide tractors parts and accessories of good quality at a fast pace.”
Says Nisar Ahmed Mirani Company Chief Executive Officer
Bolan casting Limited is a public listed company incorporated in Pakistan on July 15, 1982 under the Companies Act, 1913 (now the Companies Act, 2017). The company manufactures and sells casting for tractors and automotive parts. The company is a subsidiary of Millat Tractors Limited.