MEHT apparel unit to transfer to MG Apparel Limited following demerger

Hayyan Mansuri | December 04, 2025 at 10:57 AM GMT+05:00

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December 04, 2025 (MLN): Mahmood Textile Mills Limited (PSX: MEHT) has undergone a corporate restructuring following approval from the Lahore High Court.

In a notice sent to the Pakistan Stock Exchange (PSX), the company disclosed that the Court sanctioned the Scheme of Arrangement for the company’s reconstruction and demerger.

As part of the demerger, the company’s apparel unit, inter alia, will be separated and transferred to MG Apparel Limited.

At the time of writing, MEHT is being traded at Rs296.11, up Rs6.11 (+2.11%).

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