Loads shareholders approve Rs903m loans for subsidiary
Shareholders of Loads Limited (PSX: LOADS) have approved two long-term loan facilities totalling up to Rs902.56m to the company’s subsidiary, Multiple Autoparts Industries (Private) Limited (MAIL), at the 46th Annual General Meeting.
October 20, 2026 (MLN): Shareholders of Loads Limited (PSX: LOADS) have approved two long-term loan facilities totalling up to Rs902.56m to the company’s subsidiary, Multiple Autoparts Industries (Private) Limited (MAIL), at the 46th Annual General Meeting. The first facility, of up to Rs652.56m (Rs652,563,695), will be created by adjusting an equal amount of the existing receivable from MAIL, with no fresh cash dis...