Karachi November 30 2021: The Board of Directors of Dar Es Salaam Textile Mills Limited in its meeting held yesterday November 29,2021 has accorded its approval for disposal of land and building to settle its obligations towards lenders and other liabilities and implement its alternate business plan.
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KAPCO Received PKR 59.4 Billion In Second Tranche Of Circular Debt Settlement: PSX
The Company has received highest offer of Rupees Five Hundred Seventy-Five million only that has been accepted by the Board subject to completion of corporate and legal formalities.
The decision is Consequent upon approval of the shareholders of the Company .