Category: Manufacturing
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Dewan Group Companies Present Mixed Performance Amid Operational Challenges and Restructuring Efforts
PAKISTAN The Dewan Group of Companies shared the performance updates of its listed entities — Dewan Automotive Engineering Limited, Dewan Cement Limited, Dewan Farooque Spinning Mills Limited, and Dewan Salman Fibre Limited — following their respective Annual General Meetings for the financial year ended June 30, 2025. The Group continues to navigate operational challenges, working…
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Murad Saigol Appointed CEO of Pak Elektron Limited for Three-Year Term
Mr. M. Murad Saigol, Newly Appointed Chief Executive Officer Pak Elektron Limited (PEL) has announced the appointment of Mr. M. Murad Saigol as its Chief Executive Officer for a three-year term, effective October 21, 2025. The decision has been made in accordance with Section 187 of the Companies Act, 2017, the company said in a…
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Thatta Cement Subsidiary Signs Exclusive Agreement for Belarus Tractor Assembly in Balochistan
PAKISTAN Thatta Cement Company Limited has informed the Pakistan Stock Exchange (PSX) that its wholly owned subsidiary, Minsk Work Tractor & Assembling (Private) Limited (MWTA), has entered into an exclusive agreement with OJSC Minsk Tractor Works, Republic of Belarus, for the assembly and local production of BELARUS tractors in the province of Balochistan. According to…
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Amreli Steels Signs Master Restructuring Agreement with Banking Syndicate
PAKISTAN Amreli Steels Limited (ASL) has announced the successful signing and execution of a Master Restructuring Agreement (MRA) along with all allied documents and agreements, marking a major step in its financial and operational realignment. According to a company statement submitted to the Pakistan Stock Exchange (PSX) the agreement was executed with Bank Alfalah Limited…
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First Treet Modaraba to Undergo Corporate Restructuring
PAKISTAN The Board of Directors of First Treet Manufacturing Modaraba (FTMM) has approved the initiation of a corporate restructuring plan to convert the Modaraba into a Public Limited Company through a merger with and into a newly incorporated entity established solely for this purpose. According to a filing submitted to the Pakistan Stock Exchange (PSX)the…