GUTM remains non-operational as asset sale proceeds under court-sanctioned scheme
Gulistan Textile Mills Ltd (PSX:GUTM) is selling all its assets under a court-sanctioned scheme of arrangement to settle its liabilities to secured creditors, and does not currently envisage starting or resuming commercial production or business oper
October 14, 2026 (MLN): Gulistan Textile Mills Ltd (PSX:GUTM) is selling all its assets under a court-sanctioned scheme of arrangement to settle its liabilities to secured creditors, and does not currently envisage starting or resuming commercial production or business operations. The quarterly report shows the company remained non-operational during the quarter, with no commercial production or business operations...