Pakistan Company News – Board meeting of Fatima Fertilizer Company Limited will be held on October 28, 2015

Board meeting of Fatima Fertilizer Company Limited will be held on October 28, 2015

Karachi: Fatima Fertilizer Company Limited informed Karachi Stock Exchange that board of directors meeting of the company will be held on October 28, 2015 at Lahore. The agenda of the meeting is to consider Quarterly Accounts for period ended September 30, 2015.

Further, the Company has declared closed period from October 21, 2015 to October 28, 2015.

Fatima Fertilizers Company Limited was incorporated in Pakistan on December 24, 2003. The company operates as a joint venture between two major groups in Pakistan namely Fatima Group and Arif Habib Group. The company produces fertilizers and industrial solutions to its customers. The stocks of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The registered office of the company is located in Lahore and production plant is located at Rahim Yar Khan.

The fertilizer production complex produces Ammonia and Nitric Acid which are intermediate products and Urea, Calcium Ammonium Nitrate, Nitro Phosphate and nitrogen Phosphorous Potassium which are final products. Foundation of the complex was laid on April 26, 2006 and the construction process commenced in 2007. The production capacity of the complex is 500,000 metric tons of Urea per annum, 420,000 metric tons of Calcium Ammonium Nitrate per annum, 360,000 metric tons of Nitro Phosphate per annum, 420,000 metric tons of NPK per annum.

The symbol “FATIMA” is being used by the stock exchange for the shares of Fatima Fertilizers Company Limited