Fateh Sports Wear awaits stay order relief to restart halted operations

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

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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.

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