Karachi: Fatima Fertilizers Company Limited informed Pakistan Stock Exchange about the board meeting of the company scheduled to be held on March 16, 2016 at Lahore. The agenda of the meeting shall be consideration of annual accounts for the period ended December 31, 2015.
Further, the closed period of the company shall be from March 09, 2016 to March 16, 2016.
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.