MEHT apparel unit to transfer to MG Apparel Limited following demerger
04-Dec-2025
MettisGlobal
December 04, 2025 (MLN): Mahmood Textile Mills Limited (PSX: MEHT) has
undergone a corporate restructuring following approval from the Lahore High
Court.
In a sent to the Pakistan Stock Exchange
(PSX), the company disclosed that the Court sanctioned the Scheme of
Arrangement for the company’s reconstruction and demerger.
As part of the demerger, the company’s apparel unit, inter
alia, will be separated and transferred to MG Apparel Limited.
At the time of writing, MEHT is being traded at Rs296.11, up Rs6.11 (+2.11%).
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