Treet Battery approves Rs2bn debt-to-equity conversion
Treet Battery Limited (PSX: TBL) has approved the conversion of Rs2 billion of its inter-company borrowing from Treet Corporation Limited (TCL) into ordinary shares, subject to approval from the company's shareholders and the Securities and Exchange
September 24, 2026 (MLN): Treet Battery Limited (PSX: TBL) has approved the conversion of Rs2 billion of its inter-company borrowing from Treet Corporation Limited (TCL) into ordinary shares, subject to approval from the company's shareholders and the Securities and Exchange Commission of Pakistan (SECP). The Board of Directors approved the conversion of a portion of the inter-company borrowing, comprising principal...