Fateh Sports Wear awaits stay order relief to restart halted operations

News Image

MG News | April 13, 2026 at 12:30 PM GMT+05:00

April 13, 2026 (MLN):  Fateh Sports Wear Limited (PSX:FSWL) is actively working to recover US$2 million in stuck funds and expects a stay order against the company to be vacated in the near future, after which full operational activities will resume, according to a quarterly progress report submitted to Pakistan Stock Exchange.

The sportswear manufacturer told the PSX's Listed Companies Compliance RAD division that its management has already developed a marketing strategy aimed at promoting and selling products in the international market, with active outreach underway to secure export orders from potential buyers.

The company expressed confidence that once the stuck funds are released and working capital becomes available, production activities will restart in the shortest possible time.

 

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 171,725.29
261.56M
2.31%
3881.05
ALLSHR 103,214.49
498.64M
2.00%
2024.02
KSE30 51,517.14
135.33M
2.40%
1209.13
KMI30 246,565.71
111.44M
2.29%
5524.54
KMIALLSHR 67,042.77
274.55M
1.94%
1273.86
BKTi 47,299.71
43.26M
3.04%
1394.54
OGTi 36,341.37
10.64M
2.20%
783.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 75,725.00 78,085.00
75,620.00
-50.00
-0.07%
BRENT CRUDE 99.76 100.73
97.12
3.62
3.77%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-7.25
-6.18%
ROTTERDAM COAL MONTHLY 112.50 112.50
111.10
1.75
1.58%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 93.93 94.70
89.41
-2.67
-2.76%
SUGAR #11 WORLD 14.53 14.65
14.44
-0.17
-1.16%

Chart of the Day


Latest News
May 26, 2026 at 04:49 PM GMT+05:00

National Savings Scheme profit rates edge higher


May 26, 2026 at 04:42 AM GMT+05:00

BankIslami launches FOCUS


May 25, 2026 at 06:03 PM GMT+05:00

UAE, UN deepen ties on energy, water agenda


May 25, 2026 at 05:13 PM GMT+05:00

Pakistan pushes export drive in China



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg