Maple Leaf Cement extends up to Rs2bn working capital support

MG News | July 31, 2026 at 10:22 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

July 31, 2026 (MLN): Loans and advances of up to Rs2 billion each have been approved for Kohinoor Textile Mills Limited (KTML) and Maple Leaf Capital Limited (MLCL) by the Board of Directors of Maple Leaf Cement Factory Limited (PSX: MLCF), to meet the working capital requirements of the two companies, the company's filing on PSX revealed today.

KTML is a holding company of MLCF, while MLCL is an associated company. Both facilities are subject to approval by MLCF's shareholders under the Companies Act, 2017.

In a reciprocal arrangement, the Board of KTML would recommend a similar facility of loans/advances of up to Rs2bn for MLCF to meet its working capital requirements, subject to approval by KTML's shareholders.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	167,089.28 109.91M	-0.21% -352.63
ALLSHR	101,117.40 308.32M	-0.15% -155.10
KSE30	49,841.71 50.59M	-0.28% -142.15
KMI30	240,372.43 78.75M	-0.02% -45.72
KMIALLSHR	65,518.16 188.07M	-0.05% -35.70
BKTi	46,228.77 7.60M	-0.60% -281.04
OGTi	33,974.66 4.20M	-0.27% -91.31

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	83,875.00	84,320.00 82,645.00	1405.00 1.70%
BRENT CRUDE	104.54	105.09 102.33	0.26 0.25%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	0.75 0.59%
ROTTERDAM COAL MONTHLY	143.40	143.40 143.40	-1.15 -0.80%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	91.66	0.00 0.00	-0.19 -0.21%
SUGAR #11 WORLD	20.27	20.44 20.09	0.12 0.60%