Fecto Cement Ltd has resumed full operations at its Sangjani cement plant near Islamabad after the Islamabad High Court (IHC) declared an earlier suspension of the facility “illegal and without lawful authority,” the company told the Pakistan Stock Exchange (PSX).
In a notice, Fecto Cement said normal production activities at the Sangjani plant have recommenced following the court’s decision, reversing a temporary shutdown that had been communicated to the exchange earlier via letter FCL/SHD/47-518.
“The Honourable Islamabad High Court has allowed the complete resumption of plant operations, declaring the suspension to be illegal and without lawful authority. In light of this development, the Company has restored normal operations at the facility and production activities have recommenced in the ordinary course of business,” the statement said.
The company added that the temporary suspension had no material adverse impact on its long-term financial position, asset base or business continuity, and said it now expects uninterrupted operations going forward.