Haji Mohammad Ismail Mills reports progress on revival efforts

MG News | April 09, 2026 at 02:08 PM GMT+05:00

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April 9, 2026 (MLN): Haji Mohammad Ismail Mills Limited's (PSX:HMIM) management is making efforts to revive the company through a reverse merger or restructuring with prosperous investors.

In a progress report submitted to the Pakistan Stock Exchange (PSX), the company said it had no fixed assets to start commercial production.

The company’s winding-up petition had been filed by the Securities and Exchange Commission of Pakistan (SECP) in the High Court of Sindh during 2017.

The company further stated that trading in its shares had been suspended by the Pakistan Stock Exchange in November 2017.

It added that the company was defending the case in the High Court of Sindh and the matter remained sub judice.

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