Material Information of Fauji Fertilizer Bin Qasim Limited (Updated on 25-11-2020).

Karachi: Fauji Fertilizer Bin Qasim Limited informed Pakistan Stock Exchange that the shareholders of the Company in Extraordinary General Meeting held on November 25, 2020 at Islamabad have authorized the Company to invest, provide and continue sponsor support to Fauji Foods Limited the total amount not exceeding in the aggregate PKR 3,500,000,0001- through either, or a combination of, a subordinated shareholder loan or collateral support for a period not exceeding one year as security.

Fauji Fertilizer Bin Qasim Limited is a public limited company incorporated in Pakistan. The foundation of the company is laid under the Companies Ordinance, 1984. The principal objective of the company is manufacturing, purchasing and marketing of fertilizers. The company commenced its commercial production effective January 1, 2000. The company is a subsidiary of Fauji Fertilizer Company Limited with...