Categories: Material Information

BNWM to extend the shutdown of its production activities

In a notification sent to PSX on 26/03/2024 BNWM (Bannu Woollen Mills Ltd) has announced that it is extending the temporary shutdown of its production activities.

BNWM had released the notification on 12th March for a limited time closure of its production activities due to reduction in anticipated orders from
the mills’ dealers for the financial year 2024-2025. Today, the management has decided to extend the temporarily shut down of its production activities from 27 March 2024 to 14 April 2024.

The shares of BNWM were trading at 23.00 at the market closed today.

Aamir Hayat

Recent Posts

Is a 100 bps cut likely at the Jan 27 monetary policy meeting?

Topline Securities (Private) Limited has just published a report on the SBP monetary policy update.

1 day ago

MTL gained 20% in one month, here’s why

Taurus Securities Limited has just published a report on MLT's monthly sales.

1 day ago

What to expect from APL Q2 earnings

AKD Securities has just published a report on APL's Q2 earnings expectations. The firm expects…

1 day ago

What to expect from Pakistan State Oil (PSO) Q2 earnings

AKD Securities has just published a report on PSO's Q2 earnings expectations. The firm expects…

2 days ago

Is Engro Fertilizer (EFERT) a good investment for 2025?

Engro Fertilizers (EFERT) having an effective market position as Pakistan’s second largest urea producer has…

6 days ago

Sazgar Engineering’s (SAZEW) FY25 plans look promising

Sazgar Engineering Works Limited (SAZEW) started transferring the Great Wall Motors (GWM) Haval model to…

1 week ago