Paramount Spinning remain non-operational
Three PSX-listed spinning mills, Paramount Spinning Mills, Gulistan Spinning Mills,and Gulshan Spinning Mills, remain non-operational entities, having gone through a Scheme of Arrangement sanctioned by the Sindh High Court to settle their existing li
July 14, 2026 (MLN): Three PSX-listed spinning mills, Paramount Spinning Mills, Gulistan Spinning Mills,and Gulshan Spinning Mills, remain non-operational entities, having gone through a Scheme of Arrangement sanctioned by the Sindh High Court to settle their existing liabilities through the sale of assets. In separate quarterly progress reports for the period ended June 30, 2026, all three companies confirmed...