Millat Tractor Private Limited
Bolan Casting Ltd
In 1993, the Company in collaboration with the employees of Bolan Casting Limited acquired the management control of Bolan Casting Limited by purchasing 51% of the Company shares offered by the government as part of the process of privatization. BCL provides major casting for Automobile Industries and also 50% of the Company requirement are met from it. Since acquisition of the control by MTL, BCL has also performed very well and has been on a growth pattern. After discharging all its financial liabilities, the Company has been declaring very reasonable dividend for the share holders for the last three years.
Millat Equipment Ltd
Millat Equipment Limited was incorporated in 1993 as a wholly owned subsidiary company of Millat Tractors Limited for Production of gears to be used in tractors, cars and Commercial vehicles, the production has so for been commenced and the company has declared profitability for the year ended june 30,2007.
Millat Industrial Product (Pvt.) Ltd
The Company also acquired the plant of Rex Baren Batteries near Lahore, having a capacity to produce 60,000 automotive batteries per annum, by submitting highest bid to the Corporate Industrial Restructuring Corporation (CIRC). A new Company titled Millat Industrial Products (Pvt) Ltd. was formed to manufacture automotive batteries in this plant which has been successfully put back into operation.
M/s Millat Tractor (Pvt) Ltd
House # 22, Street # 41
F 6/1 Islamabad.