Material Information of Agritech Limited

Karachi, Agritech Limited informed Pakistan Stock Exchange that RLNG supply shall remain suspended from 000hrs of June 29, 2021 will midnight of July 05, 2021 due to unplanned dry dock activities at EETPL. Therefore, company shall not be able to produce Urea during said period and aims to resume the plant activities as soon as the supply of RLNG is restored by SNGPL on given date and time.

Agritech Limited was incorporated in 1959. The principal business of the Company is production and sale of Urea and Granulated Single Super Phosphate fertilizer. The shares of Agritech Limited Pakistan are quoted in Pakistan Stock Exchange, and used the symbol “AGL” for the shares of the Company.

The total number of shares the company has issued so far are 392,430,000 where the Earnings Per Share in 2020 is (10.95) which was (1.66) in 2019. The Company had a loss of Rs. 4,296,900,000 in 2020 compared to a loss of Rs. 652,777,000 in 2019