Suraj to shut down Nooriabad Unit

News Image

MG News | September 26, 2025 at 04:48 PM GMT+05:00

0:00

September 26, 2025 (MLN): Suraj Cotton Mills Limited (PSX: SURC) has decided to close its Nooriabad Unit after the Board of Directors, in a meeting held today, resolved that the unit had become financially unviable.

The company cited the old and obsolete plant as the primary reason for discontinuing operations at the facility.

The closure decision has been conveyed to shareholders and market participants in line with regulatory requirements.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 167,085.58
225.68M
0.48%
802.03
ALLSHR 101,220.72
685.91M
0.47%
477.65
KSE30 50,772.02
134.57M
0.57%
290.16
KMI30 239,923.35
145.03M
0.77%
1831.31
KMIALLSHR 66,042.80
345.76M
0.65%
425.34
BKTi 45,106.39
29.18M
0.06%
24.91
OGTi 33,583.05
26.44M
1.52%
502.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 89,425.00 92,995.00
88,405.00
-3415.00
-3.68%
BRENT CRUDE 63.86 64.09
63.06
0.60
0.95%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
0.10
0.11%
ROTTERDAM COAL MONTHLY 97.25 97.25
97.25
0.05
0.05%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 60.14 60.50
59.42
0.47
0.79%
SUGAR #11 WORLD 14.82 15.02
14.73
-0.06
-0.40%

Chart of the Day


Latest News
December 07, 2025 at 11:19 AM GMT+05:00

FBR busts biggest illegal tobacco setup in Mardan


December 07, 2025 at 11:07 AM GMT+05:00

Weekly Market Roundup


December 07, 2025 at 09:40 AM GMT+05:00

FFC, PAEL enter the MZNPI fold in latest review


December 06, 2025 at 11:55 PM GMT+05:00

GCC–Pakistan FTA dominates Doha forum


December 06, 2025 at 11:17 PM GMT+05:00

Binance Boss lands in Islamabad for Crypto rule talks



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg