AGL 38.55 Decreased By ▼ -0.01 (-0.03%)
AIRLINK 200.83 Decreased By ▼ -6.94 (-3.34%)
BOP 10.19 Increased By ▲ 0.13 (1.29%)
CNERGY 6.57 Decreased By ▼ -0.51 (-7.2%)
DCL 9.68 Decreased By ▼ -0.31 (-3.1%)
DFML 39.90 Decreased By ▼ -1.24 (-3.01%)
DGKC 97.67 Decreased By ▼ -5.79 (-5.6%)
FCCL 35.10 Decreased By ▼ -1.25 (-3.44%)
FFBL 86.00 Decreased By ▼ -5.59 (-6.1%)
FFL 13.95 Decreased By ▼ -0.65 (-4.45%)
HUBC 130.45 Decreased By ▼ -8.98 (-6.44%)
HUMNL 14.00 Decreased By ▼ -0.10 (-0.71%)
KEL 5.64 Decreased By ▼ -0.33 (-5.53%)
KOSM 7.30 Decreased By ▼ -0.56 (-7.12%)
MLCF 45.60 Decreased By ▼ -1.68 (-3.55%)
NBP 66.38 Decreased By ▼ -7.38 (-10.01%)
OGDC 221.50 Decreased By ▼ -1.16 (-0.52%)
PAEL 38.45 Increased By ▲ 0.34 (0.89%)
PIBTL 8.96 Decreased By ▼ -0.31 (-3.34%)
PPL 196.85 Decreased By ▼ -9.00 (-4.37%)
PRL 38.85 Decreased By ▼ -1.00 (-2.51%)
PTC 25.60 Decreased By ▼ -1.02 (-3.83%)
SEARL 104.50 Decreased By ▼ -5.74 (-5.21%)
TELE 9.06 Decreased By ▼ -0.17 (-1.84%)
TOMCL 36.41 Decreased By ▼ -1.80 (-4.71%)
TPLP 13.64 Decreased By ▼ -0.13 (-0.94%)
TREET 25.20 Decreased By ▼ -1.25 (-4.73%)
TRG 58.10 Decreased By ▼ -2.44 (-4.03%)
UNITY 33.55 Decreased By ▼ -0.59 (-1.73%)
WTL 1.73 Decreased By ▼ -0.15 (-7.98%)
BR100 11,896 Decreased By -402.5 (-3.27%)
BR30 37,383 Decreased By -1494.9 (-3.85%)
KSE100 111,070 Decreased By -3790.4 (-3.3%)
KSE30 34,909 Decreased By -1287 (-3.56%)

In a tragic incident, two personnel at Agha Steel Industries Limited lost their lives after an incident occurred at its plant site in the low-voltage electric control room (ECR).

The company, principally engaged in manufacturing and sale of steel bars, wire rods and billets, shared the development in its notice to the Pakistan Stock Exchange (PSX) on Monday.

“An isolated incident occurred at our plant site in the low-voltage electric control room (ECR), which also affected two LT (Low Tension) transformers,” read the notice to PSX.

The company said that the situation has been effectively managed and contained, and no major damage is being reported.

“However, during this incident, two team members, Abid Hussain Soomro and Jamil Shaheen, sacrificed their lives while saving others,” the company shared.

“Agha Steel pledges unwaveringly to support their families and take responsibility for the well-being of their dependents. The management has also decided to offer a job to Abid Hussain Soomro’s son once he has completed his education, and during that time, Agha Steel will continually assure the best emotional and monetary support.

“Similarly, for Jamil Shaheen, company shall also offer a job for a nominated person / dependent from the family,” the company announced.

“For us, this incident is more emotionally tragic and beyond any compensation; however, we also feel that it is our responsibility to communicate to the TRE members that Agha Steel will commence operational production tentatively in 10 working days,” read the notice.

Agha Steel Industries Limited

The company further assured that there was no safety lapse; “at Agha Steel, we ensure that the team, Agha, is always treated as family”.

“We continue to serve all our stakeholders, including the team Agha, at our best,” it added.

Comments

Comments are closed.

Salim Jan 01, 2024 12:24pm
These setya companies care damn about the lives of employees. Now these butchers will come up with lame excuses and spread the story: "all is well"
thumb_up Recommended (0)
Sugondeeznutz Jan 01, 2024 03:46pm
I believe this is a days old story being reported now. Tells you a lot about freedom of expression and right to information in Pakistan
thumb_up Recommended (0)
Imdad Jan 01, 2024 04:04pm
Respected sir any help regarding this accident I will be available if you invite me thanks
thumb_up Recommended (0)
mustafa Jan 01, 2024 04:26pm
@Parvez, who cares - we need money and that's all ... Imran has failed in all finanacial criteria ... let the current regime run longer ....
thumb_up Recommended (0)