HONDA

Honda Atlas Cars (Pakistan) Ltd. 43-Km Multan Road,

Manga Mandi, Lahore. (Pakistan) Tel : (042) 35384671-80

Fax : (042) 35384691-92

Web: www.honda.com.pk

April 13, 2023

The General Manager,

Pakistan Stock Exchange,

Stock Exchange Building,

Stock Exchange Road,

Karachi.

Subject: EXTENSION OF SHUT DOWN OF PLANT OF HONDA ATLAS CARS {PAKISTAN) LIMITED

Dear Sir,

In accordance with Clause 5.6.1 (a) of PSX Regulations, we hereby convey the following material information:

Further to our letter dated March 31, 2023, and considering the current economic situation of Pakistan whereby the Government resorted to stringent measures including restricting opening of LCs for import of CKD kits, raw materials and halting foreign payments, the Company's supply chain has also been severely disrupted by such measures.

As a result, the Company is not in a position to continue with its production and ultimately has continued to shut down its plant from April 16, 2023 to April 30, 2023.

You may please inform the TRE Certificate holders of the Exchange accordingly.

Thanking you.

Yours faithfully,

Honda Atlas Cars (Pakistan) Limited,

Maqsood ur Rehman

Company Secretary & Vice President

  1. Director/ HOD
    Surveillance, Supervision, and Enforcement Department Securities & Exchange Commission of Pakistan
    7th Floor, NIC Building, 63 Jinnah Avenue, Blue Area, Islamabad.

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Honda Atlas Cars (Pakistan) Limited published this content on 13 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 April 2023 04:54:01 UTC.