textile mills
UAE Firm Velora Global Ventures Acquires Stake in Masood Textile Mills
The Competition Commission of Pakistan (CCP) has approved the acquisition of shareholding in Masood Textile Mills Limited by UAE-based Velora Global Ventures-F.Z.C. The shares are…
High Taxes & Low Demand Prompt Operations Cut in Textile Sector
A key player in Pakistan’s textile sector, Ashfaq Textile Mills Ltd, has suspended a significant portion of its operations. The Punjab-based textile firm announced this…
Premium Textile Mills to Set Up International Presence with UAE Subsidiary
Premium Textile Mills Limited, a leading Pakistani textile manufacturer, has announced plans to establish a wholly owned subsidiary in the United Arab Emirates (UAE), marking…
Gul Ahmed Warehouse Caught Fire: Insurance Coverage Confirmed
A fire erupted at a Gul Ahmed Textile Mills warehouse in Landhi. This prompted the company to issue a mandatory notice to the Pakistan Stock…
ICA Declares 84 Pakistani Mills as Defaulters for Procurement Violations
The International Cotton Association (ICA) has officially labeled 84 textile mills in Pakistan as defaulters due to their failure to honor procurement agreements. This decision…
