CTM receives right entitlement letter from StitchRite

MG News | November 11, 2022 at 04:11 PM GMT+05:00

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November 11, 2022 (MLN): Colony Textile Mills Limited (PSX: CTM) has received "Right Entitlement Letters" from its wholly-owned subsidiary StitchRite (Private) Limited offering 3,000,000 Ordinary Shares at a face value of Rs10/- each, the company filing on PSX showed today.

The company will intimate the exchange about its decision pertaining to the subscription of Right Shares in due course of time, the notification sent to PSX read further.

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