Karachi: Pak Leather Crafts Limited announced on November 13, 2025, the decision to lease its factory building to a third party, generating additional revenue alongside its ongoing business operations. This development follows a prior communication dated April 28, 2025, and adheres to the Securities Act, 2015, and the Pakistan Stock Exchange's regulatory framework.
This strategic move aligns with the company's objective to optimize underutilized assets by transforming the vacant building into a source of consistent rental income. According to information available from the Pakistan Stock Exchange (PSX), this decision is anticipated to provide a financial uplift to Pak Leather Crafts Limited, enhancing its overall market position.
The company has encouraged the dissemination of this information to the Trading Right Entitlement Certificate (TREC) Holders, ensuring transparency and compliance with pertinent regulatory requirements.