GATM · Gul Ahmed Textile Mills Limited
Gul Ahmed Textile Mills Acquires Additional Land and Approves Renewable Energy Projects
Official PSX filing title: MATERIAL INFORMATION
- Filed
- 26 October 2026 at 8:01 am
- Category
- Material
- Sentiment
- Good
- Impact
- High
Executive summary
Gul Ahmed Textile Mills Limited announced the completion of the acquisition of Plot No. A-44 along with its industrial facilities at SITE Nooriabad, alongside board approval for acquiring five additional plots totaling over 43 acres. Additionally, the company's board approved investments in renewable energy projects including a 7.5 MW wind turbine, a 6 MW solar power plant, and a 20 MWh Battery Energy Storage System.
- #acquisition
- #land
- #renewable-energy
- #expansion
- #material-information
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