Haji Mohammad Ismail Mills reports progress on revival efforts

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

0:00

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.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	165,517.51 449.33M	-0.18% -293.50
ALLSHR	98,448.76 872.17M	-0.24% -241.23
KSE30	50,169.05 247.55M	-0.30% -151.34
KMI30	241,192.40 219.92M	-0.66% -1611.26
KMIALLSHR	64,572.12 451.09M	-0.40% -256.88
BKTi	45,529.23 74.36M	-0.15% -69.56
OGTi	34,306.12 16.72M	-2.12% -741.41

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	71,650.00	71,825.00 70,650.00	175.00 0.24%
BRENT CRUDE	98.14	98.53 96.30	3.39 3.58%
RICHARDS BAY COAL MONTHLY	105.40	0.00 0.00	0.00 0.00%
ROTTERDAM COAL MONTHLY	106.25	110.00 106.25	-1.40 -1.30%
USD RBD PALM OLEIN	1,175.00	1,175.00 1,175.00	0.00 0.00%
CRUDE OIL - WTI	98.56	98.69 96.25	4.15 4.40%
SUGAR #11 WORLD	14.16	14.30 14.15	-0.07 -0.49%