Lahore January 3 2023: Saif Textile Mills Limited management states that company is operational and refutes rumors of complete shutdown, according to company filing to the exchange.
In a statement the company said, “it has come to our notice that some false news about the complete shutdown of
operations by Saif Textile Mills Limited is circulating on social media platforms. All the stakeholders of the Company are hereby informed not to be misled by such false and concocted information.”
The statement further added, “The Company is operational and presently employs more than 2500 employees. The Company reserves its right to initiate legal proceedings against such unscrupulous elements/propagandists.”