Nishat Mills to divest entire stake in Nishat Sutas Dairy
Nishat Mills Limited (PSX:NML) has decided to exit its investment in Nishat Sutas Dairy Limited (NSDL), an associated company established as a joint venture with Sütas Süt Ürünleri A.S., Türkiye, citing prevailing market and regulatory conditions aff
August 19, 2026 (MLN): Nishat Mills Limited (PSX:NML) has decided to exit its investment in Nishat Sutas Dairy Limited (NSDL), an associated company established as a joint venture with Sütas Süt Ürünleri A.S., Türkiye, citing prevailing market and regulatory conditions affecting the dairy industry and the consequent strain on NSDL's financial position. The Board approved the proposed divestment of its entire 49.10%...