Khalid Siraj continues to explore recovery options

MG News | July 21, 2025 at 12:49 PM GMT+05:00

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July 21, 2025 (MLN): Khalid Siraj Textile Mills Limited (PSX: KSTM) has continued to evaluate all viable options to sustain the business and plan for eventual recovery, as the company remained non-operational due to the continued challenging market environment.

According to its progress report, the prolonged economic uncertainty and unfavorable industry conditions have made it impractical to resume operations during this period.

The management is exploring strategic alternatives, restructuring opportunities, and cost optimization measures to ensure the company is prepared to recommence operations when conditions allow.

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