Categories: Material Information

CPHL plans to shift to solar power

In a notification sent to PSX on 15/05/2024, Citi Pharma Limited (CPHL) announced that it embraces solar energy, pioneering a sustainable path.

Citi Pharma Limited is proud to announce its shift to solar power, reflecting a commitment to sustainability and environmental responsibility. This transition underscores the company’s dedication to innovation and corporate social responsibility, aligning with core values. Embracing solar energy not only benefits the environment but also offers significant cost savings, with anticipated annual savings exceeding 100 million rupees. The implementation plan involves a phased approach, partnering with reputable solar energy providers to integrate state-of-the-art infrastructure. Stakeholders are invited to join in celebrating this milestone and supporting the company’s sustainability journey, promising a brighter, cleaner future.

CPHL shares were last trading at Rs. 31.45 today.

Aamir Hayat

Recent Posts

AGP Healthcare for a Better Tomorrow

AGP Limited (AGP) monthly market structure is showing strong bullish trend. Even this stock broke…

5 days ago

Why dividends cause share price drop if they’re paid from earnings?

When a dividend is paid, the share price drops by approximately the same amount because…

2 weeks ago

MUGHAL right shares – 3 things to know before subscribing

On November 5, 2024, Mughal Iron & Steel Industries Limited (MUGHAL) announced a unique rights…

4 weeks ago

How to analyze pharmaceutical sector

How to analyze pharma sector companies in PSX. Pakistan's pharma sector is considered a complicated…

1 month ago

Shifa International (SHFA) has returned 150% in two months, will the rally continue?

Shifa International (SHFA) has already rallied 150%, but there is still more upside to the…

2 months ago

How is HMB handling financial challenges to grow?

Habib Metropolitan Bank Limited (HMB) recently released its second-quarter results for 2024, revealing a mixed…

3 months ago