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 160,533.35
162.86M
1.49%
2349.40
ALLSHR 97,140.61
553.87M
1.15%
1100.92
KSE30 48,649.32
104.24M
1.58%
758.75
KMI30 229,530.09
84.53M
1.90%
4269.90
KMIALLSHR 63,190.99
183.92M
1.38%
863.16
BKTi 44,079.86
26.42M
0.53%
231.73
OGTi 30,665.49
4.88M
1.26%
381.96
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 103,740.00 104,305.00
101,110.00
2005.00
1.97%
BRENT CRUDE 62.59 62.81
62.34
-0.12
-0.19%
RICHARDS BAY COAL MONTHLY 85.25 0.00
0.00
0.00
0.00%
ROTTERDAM COAL MONTHLY 95.65 0.00
0.00
0.10
0.10%
USD RBD PALM OLEIN 1,082.50 1,082.50
1,082.50
0.00
0.00%
CRUDE OIL - WTI 58.36 58.56
58.12
-0.13
-0.22%
SUGAR #11 WORLD 14.57 14.57
14.18
0.32
2.25%

Chart of the Day


Latest News
November 13, 2025 at 01:06 PM GMT+05:00

OPEC surplus forecast, U.S. stockpiles push oil lower


November 13, 2025 at 12:59 PM GMT+05:00

Maple Leaf Cement explores acquisition of Pioneer Cement shares


November 13, 2025 at 12:55 PM GMT+05:00

Gold finds its spark as the U.S. reopens


November 13, 2025 at 12:17 PM GMT+05:00

Gold price in Pakistan rises Rs8,300 per tola


November 13, 2025 at 11:19 AM GMT+05:00

SBP buys back Rs122.1bn in PFL



Top 5 things to watch in this week

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