Islamabad, Nov 18: Fauji Fertilizer Raises Offer Price for Agritech Shares. The offer price for purchasing up to 151 million common shares of Agritech Limited (PSX: AGL) has been raised by Fauji Fertilizer Company Ltd. (PSX: FFC) from Rs. 38.84 to Rs. 39.05 per share.
In a notice to the Pakistan Stock Exchange (PSX) on Monday, the business stated that the offer price revision was due to the competitive bid made by Maple Leaf Cement Factory Ltd. (PSX: MLCF) through the public announcement of the public offer.
Accordingly, the security’s value has grown from Rs. 5,867 million to Rs. 5,899 million, it added. It is important to note that AGL’s primary activity is the manufacturing and distribution of fertilizer containing urea and granulated single superphate.
