REDCO Board approves Rs800m investment for expansion

News Image

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It was incorporated under the Repealed Companies Ordinance 1984, now the Companies Act 2017.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

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,495.00 119,740.00
118,145.00
200.00
0.17%
BRENT CRUDE 73.35 73.63
71.75
0.84
1.16%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 70.14 70.51
68.45
0.93
1.34%
SUGAR #11 WORLD 16.46 16.58
16.37
-0.13
-0.78%

Chart of the Day


Latest News

Top 5 things to watch in this week

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