Faisalabad: Arctic Textile Mills Limited has announced a strategic expansion into fabric and yarn export operations, according to a disclosure made by the company. The decision was approved by the Board of Directors during a meeting held on October 27, 2026.
The company, headquartered on Jail Road in Faisalabad, revealed that the new venture would involve local procurement and toll manufacturing arrangements. This move is intended to complement Arctic Textile Mills' existing business model as part of a broader business expansion initiative.
According to information available from the Pakistan Stock Exchange (PSX), the disclosure aligns with the regulatory requirements under section 96 and 131 of the Securities Act 2015 and Clause 5.6.1(a) of the Rule Book of the PSX. A disclosure form, in compliance with SRO 143(1)2012 dated December 5, 2012, was also submitted.
Ali Mudassar, the company secretary, provided the contact details for further inquiries, emphasizing transparency and adherence to regulatory frameworks as Arctic Textile Mills embarks on this new operational phase.