Categories: Material Information

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.

Aamir Hayat

Recent Posts

Impact of JAC T9 Hunter on GAL stock

Ghandhara Automobil;es Limited's (GAL) strategic entry into the pickup truck market with the launch of…

1 day ago

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.

6 days ago

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

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

6 days ago

What to expect from APL Q2 earnings

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

6 days 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…

1 week 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…

2 weeks ago