NCML plans machinery disposal for debt repayment

News Image

MG News | October 30, 2024 at 01:46 PM GMT+05:00

0:00

October 30, 2024 (MLN): The Board of Directors of Nazir Cotton Mills Limited (PSX: NCML) has decided to dispose of the company's obsolete machinery.

According to a notice issued by NCML to the PSX, this decision is being made for the repayment of loans and liabilities and to support working capital.

"The notice of the Extraordinary General Meeting (EOGM) will be sent to you in due course," the notice concludes.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 150,975.48
442.00M
0.67%
1004.36
ALLSHR 92,750.10
1,078.15M
0.32%
297.35
KSE30 45,968.76
167.03M
0.69%
313.73
KMI30 216,413.28
173.49M
0.58%
1258.11
KMIALLSHR 61,990.25
510.08M
0.16%
98.72
BKTi 41,875.31
192.40M
0.74%
308.16
OGTi 30,482.67
13.96M
0.16%
48.74
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,845.00 111,395.00
107,790.00
1070.00
0.98%
BRENT CRUDE 68.44 69.53
68.05
0.29
0.43%
RICHARDS BAY COAL MONTHLY 89.50 89.50
89.50
-0.20
-0.22%
ROTTERDAM COAL MONTHLY 96.50 96.50
96.25
0.05
0.05%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.93 66.03
63.66
0.92
1.44%
SUGAR #11 WORLD 16.20 16.52
16.15
-0.17
-1.04%

Chart of the Day


Latest News
September 02, 2025 at 05:49 PM GMT+05:00

Online loan apps charging up to 1,800% interest


September 02, 2025 at 05:22 PM GMT+05:00

CCP secures partial recovery in ICH penalties


September 02, 2025 at 04:15 PM GMT+05:00

Cement despatches rise over 12% in August 2025


September 02, 2025 at 04:09 PM GMT+05:00

Flash floods ravage Punjab, destroying crops


September 02, 2025 at 04:04 PM GMT+05:00

PSX Closing Bell: A Step Up



Top 5 things to watch in this week

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