Material Information of Maqbool Textile Mills Limited

Karachi, Maqbool Textile Mills Limited informed Pakistan Stock Exchange that installation of company’s unit no. 04 (MVS Spinning) stands completed and its production and sales of yarn has commenced successfully.

The Group started its operations in 1958 with the incorporation of a yarn spinning unit Allawasaya Textile and Finishing Mills Limited. Since then the group has not only expanded its operations in Yarn Spinning but also diversified into other fields such as Cotton Ginning, Oil Extraction, Flour Milling and various other trade related activities.

Currently, Maqbool Group has Five Textile Spinning Mills, four Ginning Factories, an Oil Extraction Plant and a Flour Mill. Future expansion plan of the Group includes a Textile Weaving Unit, Ghee Mill and Feed Mill.

The symbol “MQTM” is being used by the stock exchange for Maqbool Textile Mills Limited.