Fateh Sports Wear Limited Awaits Decision on $2 Million Fund Release

Karachi: Fateh Sports Wear Limited, in its quarterly progress report dated January 1, 2026, has communicated ongoing efforts to release a stuck amount of $2.00 million. The management is optimistic about the vacation of the existing stay order in the near future, which would allow the company to recommence its operational activities.

According to information available from the Pakistan Stock Exchange (PSX), Fateh Sports Wear Limited is actively working on a marketing strategy aimed at promoting and selling its products in international markets. The company’s management has already initiated contact with potential buyers to secure export orders. The management is hopeful that once the funds are released and working capital becomes accessible, production activities can resume swiftly.

The company has committed to submitting further progress reports by the 15th day of every quarter-end, in compliance with the listing regulations of the Exchange.