Blessed Textiles spends Rs200m on Jacquard Machines

MG News | May 12, 2026 at 01:06 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

May 12, 2026 (MLN): Blessed Textiles Limited's (PSX:BTL) board has approved a Rs200 million investment in 12 Jacquard Machines for its Weaving Unit-II as part of a balancing, modernization and replacement (BMR) process, with long-term bank financing to be arranged for the purchase.

The decision was made unanimously at the board meeting held on May 12, 2026, in Karachi.

The company also deferred its proposed installation of a 2.0 MW solar power system for the time being.

The aforementioned information was disseminated through a notification to Exchange.

Copyright Mettis Link News

Related News

VIS assigns A1 short-term rating to BTL

Bank Makramah restructures shareholding, issues new shares

Name	Price/Vol	%Chg/NChg
KSE100	171,175.51 216.20M	0.58% 984.86
ALLSHR	103,183.14 695.21M	0.63% 650.16
KSE30	51,222.50 86.05M	0.65% 329.46
KMI30	245,442.74 79.49M	0.75% 1819.66
KMIALLSHR	66,977.52 438.22M	0.75% 499.57
BKTi	46,694.47 24.99M	0.10% 46.03
OGTi	35,691.66 7.41M	1.22% 429.65

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	64,035.00	65,925.00 61,545.00	-1550.00 -2.36%
BRENT CRUDE	94.88	97.44 93.93	-2.93 -3.00%
RICHARDS BAY COAL MONTHLY	122.50	122.50 122.00	-1.25 -1.01%
ROTTERDAM COAL MONTHLY	133.95	136.95 133.00	-5.05 -3.63%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	92.91	95.91 91.91	-3.11 -3.24%
SUGAR #11 WORLD	14.21	14.45 14.18	-0.03 -0.21%