LAHORE: Lahore Stock Exchange (LSE) has received a notification from Ghani Automobiles Industries Ltd (GAIL) on July 24, dispelling rumours prevailing in the market that the company was likely to introduce tractor manufacturing.

Whereas the company vide its above notice has stated that the GAIL is only focusing on the manufacturing of the two and three wheelers. The company has stated that being a listed company, it will disclose all material/price sensitive information to the market in a timely fashion. On the contrary, the company on its website in the parts related to the mission statement, future plans and general introduction has itself committees to the manufacturing of four and six wheelers.

The company changed the contents on its website after taking notice by the Exchange, investigation against the company has been started.—PR