Allawasaya Textile & Finishing Mills Ltd Proposes 25% Rights Issue

Elections / Appointments

Karachi, Allawasaya Textile & Finishing Mills Ltd has declared a 25% rights issue, aimed at raising capital to bolster its textile operations and enhance its market competitiveness. According to information available from the Pakistan Stock Exchange (PSX), this rights issue is part of the company's broader strategy to modernize its machinery and expand its production capacity.