Agriauto Industries Limited Announces Partial Shutdown in June 2023.

Karachi -- Agriauto Industries Limited has announced a partial shutdown during the month of June 2023. The decision comes in response to a reduction in production volumes from their major customers. The company's wholly owned subsidiary, Agriauto Stamping Company (Pvt.) Limited, will also observe a partial shutdown during the same period due to the aforementioned reasons.

The temporary closure is a strategic move by Agriauto Industries Limited to align its operations with the current market conditions and customer demands. The reduction in production volumes from their major customers has prompted the company to adjust its manufacturing capabilities accordingly.

During the partial shutdown, certain production lines and facilities at Agriauto Industries Limited and its subsidiary will be temporarily halted. The...