Fatima Fertilizer : Disclosure of Material Information
April 12, 2023 at 03:50 am EDT
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April 12, 2023
FATIMA/PSX/23/A-011
The General Manager
Executive Director/HOD
Pakistan Stock Exchange Limited
Offsite-II Department
Stock Exchange Building
Supervision Division
Stock Exchange Road
SECP, 63, NIC Building, Jinnah Avenue
Karachi.
Islamabad.
Subject:
Disclosure of Material Information
Dear Sirs,
In accordance with Sections 96 and 131 of the Securities Act, 2015 and Clause 5.6.1 of the Rule Book of the Pakistan Stock Exchange Limited, we hereby convey information below.
"Further to our earlier announcement vide letter No. FATIMA/PSX/23/A-008 dated April 03, 2023 regarding deferment of the Effective Date of implementation of the Scheme of Arrangement ("the Scheme") to transfer the operations related to Sheikhupura plant to Fatimafert Limited ("the Subsidiary Company"), this is to inform you that the Honourable Lahore High Court, Lahore vide its order dated April 05, 2023 has approved the change in Effective Date of implementation of the Scheme from January 01, 2022 to January 01, 2024."
You may please inform the TRE Certificate Holders of the Exchange accordingly.
Yours Sincerely,
Anil Zia
Deputy Company Secretary
Plant Site: Mukhtar Garh, Sadiqabad,
District Rahim Var Khan, Pakistan. PABX: +92 68 5786960, Fax: +92 68 5786909
Head Office: E-110,Khayaban-e-Jinnah, Lahore Cantt.,
IN TERMS OF SECTION 96 and 131 OF THE SECURITIES ACT, 2015
Name of Company
Fatima Fertilizer Company Limited
Date of Report
April 12, 2023
Exact name of Company as specified in its
Fatima Fertilizer Company Limited
Memorandum
Company's Registered Office
E-110,Khayaban-e-Jinnah, Lahore Cantt
Contact Information
Anil Zia
Deputy Company Secretary
Tel: 04235909576
Disclosure of Inside Information by listed company in terms of Section 96:
"Further to our earlier announcement vide letter No. FATIMA/PSX/23/A-008 dated April 03, 2023 regarding deferment of the Effective Date of implementation of the Scheme of Arrangement ("the Scheme") to transfer the operations related to Sheikhupura plant to Fatimafert Limited ("the Subsidiary Company"), this is to inform you that the Honourable Lahore High Court, Lahore vide its order dated April 05, 2023 has approved the change in Effective Date of implementation of the Scheme from January 01, 2022 to January 01, 2024."
SIGNATURES
Pursuant to the requirements of the Securities Act, 2015, the Company has duly caused this form/statement to be signed on its behalf by the undersigned hereunto duly authorized.
_________________
Dated: April 12, 2023
Anil Zia
Deputy Company Secretary
Plant Site: Mukhtar Garh, Sadiqabad,
District Rahim Var Khan, Pakistan. PABX: +92 68 5786960, Fax: +92 68 5786909
Head Office: E-110,Khayaban-e-Jinnah, Lahore Cantt.,
Fatima Fertilizer Company Ltd. published this content on 12 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 April 2023 07:49:08 UTC.
Fatima Fertilizer Company Limited is a Pakistan-based fertilizer manufacturing company. The Company is engaged in manufacturing, producing, buying, selling, importing, and exporting fertilizers and chemicals, such as nitrogen, phosphate and potash fertilizers. It produces a range of fertilizers, including Sarsabz Calcium Ammonium Nitrate (CAN), Sarsabz Nitro Phosphate (NP), Nitrogen Phosphorous Potassium (NPK) and Sarsabz Urea. Its CAN is a granulated nitrogenous fertilizer. Sarsabz Urea can be applied in various forms, and it can be spread in bulk alone or can also be mixed with other fertilizers before application. Its NP can be applied on various types of soils. The Company has a production base for nitric acid, which has production capacity of over 500,000 million tons per annum (MTPA). The Company manufactures approximately 500,000 MTPA of urea; approximately 420,000 MTPA of CAN; over 360,000 MTPA of NP, and approximately 500,000 MTPA of Ammonia.
FATIMA FERTILIZER COMPANY LIMITED 
