Dost Steels Limited receives around Rs2bn investment

MG News | May 29, 2025 at 02:52 PM GMT+05:00

0:00

May 29, 2025 (MLN): Dost Steels Limited (PSX: DSL) has secured an investment of Rs2.08 billion from Mr. Muhabbat Khan and Mr. Zahir Khan, who have also provided personal guarantees to banks for the repayment of bank loans.

Based on these guarantees, the company signed a restructuring agreement with the consortium banks, under which Rs2.08bn will be repaid in sixteen quarterly installments, the company's filing on PSX revealed today.

As part of this agreement, Mr. Muhabbat Khan has made a down payment of Rs50 million to the consortium banks.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	155,384.51 274.67M	0.61% 944.82
ALLSHR	95,133.57 856.28M	0.49% 465.41
KSE30	47,466.99 137.10M	0.74% 347.09
KMI30	227,645.22 99.71M	0.67% 1519.50
KMIALLSHR	63,888.06 353.11M	0.50% 319.01
BKTi	41,761.78 72.20M	0.33% 138.95
OGTi	31,619.14 7.57M	0.41% 130.35

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	115,220.00	117,240.00 114,940.00	-2045.00 -1.74%
BRENT CRUDE	67.14	67.52 66.78	0.15 0.22%
RICHARDS BAY COAL MONTHLY	84.00	0.00 0.00	-1.20 -1.41%
ROTTERDAM COAL MONTHLY	93.00	0.00 0.00	0.05 0.05%
USD RBD PALM OLEIN	1,106.50	1,106.50 1,106.50	0.00 0.00%
CRUDE OIL - WTI	62.90	63.24 62.52	0.21 0.34%
SUGAR #11 WORLD	15.90	15.98 15.80	0.11 0.70%