INIL and ISL ventures into collaboration

In a notification sent to PSX on 17/04/2024, International Industries Limited (INIL) and International Steel Limited (ISL) have announced that they set the course for collaborative opportunities with an approved MOU.

The Board of Directors of International Industries Limited and International Steel Industries Limited in its emergent Board meeting on April 16, 2024, has approved a Memorandum of Understanding (MOU) to form an entity to explore opportunities in collaboration with associated companies. They are transmitting this information through PUCARS for your information and records.

The shares of INIL were last trading at Rs.157.50 today.

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⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →