PAKISTAN
Bolan Castings Limited has announced an extension of its temporary production shutdown due to a sustained decline in customer orders. The company communicated this update to the Pakistan Stock Exchange (PSX) on Friday.
Referring to its earlier disclosure dated April 25, 2025, Bolan Castings had initially suspended production activities from April 28 to May 9, 2025. However, as the situation remains unchanged, the company’s management has now extended the suspension until May 23, 2025.
The company stated that the decision was necessary in light of persistent weak demand, and further updates will be shared as the situation evolves.
Bolan Castings Limited is a leading manufacturer of precision iron castings in Pakistan, supplying parts primarily to the automotive and engineering sectors. – ENGINEERING REVIEW