Engro Corporation Limited is one of Pakistan's largest conglomerates with a business portfolio spanning fertilizers, foods, chemical storage & handling, trading, energy and petrochemicals. Fuelled by the vision of becoming the premier Pakistani enterprise with a global reach and passionately pursuing value creation for all stakeholders, Engro's investments in agriculture, foods, energy and chemicals are all designed to deploy inclusive business models to pursue an integrated and inclusive growth for all who interact with its businesses.
Dawood Hercules Corporation Limited, through a notice to Pakistan Stock Exchange Limited dated January 21, 2016, declared that in accordance with the requirements of International Financial Reporting Standard (IFRS) - 10 ‘Consolidated Financial Statements’, as adopted by Securities and Exchange Commission of Pakistan (SECP), Engro Corporation Limited to be its subsidiary based on the “Control” criteria given in IFRS 10. Henceforth, Dawood Hercules Corporation Limited will be deemed as the Holding Company of Engro Corporation Limited.
For further information please visit: www.engro.com