Bilal Fibres reports suspension of operations
MG News | July 04, 2025 at 12:46 PM GMT+05:00
July 04, 2025 (MLN): Bilal Fibres Limited (PSX: BILF) has reported that its operations remained suspended with no business activities undertaken during the period.
As a first step toward revival, the Board of Directors approved a proposal to establish an IT/Health Tech/EV Division as a potential secondary line of business, according to its progress report for the period ended June 30,2025
This decision was communicated to shareholders on May 16, 2025.
In line with this, the company is actively engaged with stakeholders, including technical experts and consultants, to finalize a business plan. The finalized plan will be shared with shareholders through PUCARS.
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