TOMCL fully utilizes Rs 810mn right issue proceeds
The Organic Meat Company Limited (PSX:TOMCL) has fully utilized the Rs 810mn raised through its right issue, with no amount left unutilized.
October 22, 2026 (MLN): The Organic Meat Company Limited (PSX:TOMCL) has fully utilized the Rs 810mn raised through its right issue, with no amount left unutilized. The company put Rs 350mn towards reducing high-cost debt with banks, Rs 260mn into its beef tripe cooking (heat treated) and red offals processing unit, and Rs 200mn into working capital, matching the allocation of funds in each category. The repor...