Amreli Steels executes Financial Restructuring Agreement

MG News | October 16, 2025 at 09:42 AM GMT+05:00

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October 16, 2025 (MLN): Amreli Steels Limited (PSX: ASTL) has successfully executed a Master Restructuring Agreement with its banking syndicate, marking a culmination of a collaborative effort between Amreli Steels and its financial partners.

The agreement, completed along with all allied documents and arrangements, was finalized with Bank Alfalah Limited acting as the Lead Bank and Pak Brunei Investment Company Limited serving as the Agent and Security Agent, according to the company's statement issued today.

The initiative is expected to improve liquidity and cash flow, ensure more sustainable operations, enhance capacity utilization, and lower both financial and operational costs.

Amreli Steels expressed its appreciation to all stakeholders, including participating financial institutions and advisors, for their cooperation and commitment in completing the restructuring process.

Reaffirming its long-term vision, the company stated that it remains dedicated to strengthening the legacy of the Amreli brand as Pakistan’s leading steel manufacturer and as a trusted partner in the country’s construction and infrastructure development sectors.

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