Karachi November 14 2022: The EnVen plant tripped on Friday, November 11, 2022 due to a technical issue, according to company filing to the exchange.
The issue was fixed, and the plant resumed operations on Sunday, November 13, 2022, resulting in an estimated production loss of approximately 0.4% of the annual production.
EFERT share price drop 39 paisa or 0.48 percent in today's trading at Pakistan Stock Exchange.
Engro Fertilizers Limited is a public company incorporated in Pakistan on June 29, 2009 as a wholly owned subsidiary of Engro Corporation Limited (the Parent Company), which is a subsidiary of Dawood Hercules Corporation Limited (the Ultimate Parent Company). The principal activity of the Holding Company is manufacturing, purchasing and marketing of fertilizers, seeds and pestisides and providing logistics services.