REDCO Board approves Rs800m investment for expansion

MG News | March 17, 2025 at 01:53 PM GMT+05:00

0:00

March 17, 2025 (MLN): The Board of Directors of Redco Textiles Limited (PSX: REDCO) has approved a capital investment of Rs800 million for the acquisition of plants and machinery to expand the company's existing capacity on March 17, 2025.

The aforementioned information was disseminated through a notification to Exchange.

REDCO is a Public Limited Company which commenced operations in October 1991.

It was incorporated under the Repealed Companies Ordinance 1984, now the Companies Act 2017.

Redco's principal activities include manufacture and sale of yarn and greige fabric.

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