HTL unveils major corporate shake-up
Hi-Tech Lubricants Limited (HTL) is set to carve out its polymer business into a new subsidiary while simultaneously arranging a Rs1bn short-term Sukuk facility to shore up working capital, per a Board resolution passed on July 10, 2026.
July 10, 2026 (MLN): Hi-Tech Lubricants Limited (HTL) is set to carve out its polymer business into a new subsidiary while simultaneously arranging a Rs1bn short-term Sukuk facility to shore up working capital, per a Board resolution passed on July 10, 2026. The restructuring involves an operational carve-out and transfer of the Polymer Business Segment currently housed within the company's operating subsidiary, Hi-...