Lahore March 15 2023: Azgard Nine inform that Agent Banks of the Creditors, duly authorized in this respect under the Creditors’ Scheme of Arrangement considering certain unavoidable circumstances have extended the date for completion of sale transaction till June 30,
2023.
This information is in continuation of communications mode in respect of Creditors’ Scheme of Arrangement and attached letters dated January 12, 2022 & January 18, 2023 regarding sale of lands related to Muzoffargarh Unit including all plant, equipment and installments
thereon.
Azgard Nine Limited is incorporated in Pakistan as a public limited company. The Company is a composite spinning, weaving, dyeing and stitching unit engaged in the manufacturing of yarn, denim and denim products.
