Indus Motor Company Limited to Temporarily Shut Down Production Plant Due to Raw Material Supply Disruptions

Karachi, Indus Motor Company Limited, in compliance with Securities Act 2015 and PSX Regulations, announces the temporary closure of its production plant from July 21, 2023, to August 3, 2023. The company and its vendors have been facing challenges with the import of raw materials and clearance of consignments, leading to disruptions in the supply chain. Insufficient inventory levels necessitated this decision, as the company is unable to continue production activities during this period.