LOADS · Loads Limited
Material Information
- Filed
- 17 September 2026 at 2:14 pm
- Category
- Material
- Sentiment
- Neutral
- Impact
- Medium
AI executive summary
The Board of Directors of Loads Limited has approved a long-term loan arrangement of PKR 652.56 million to convert outstanding trade receivables and a fresh loan facility of up to PKR 250 million for its subsidiary, Multiple Autoparts Industries (Private) Limited. Both proposals are subject to shareholder approval at the upcoming Annual General Meeting.
Key takeaways
- Proposed long-term loan arrangement of PKR 652.56 million for subsidiary trade receivables.
- Proposed fresh loan facility of up to PKR 250 million for subsidiary working capital.
- Proposals require shareholder approval under section 199 of the Companies Act, 2017 at the AGM.
- #loan-facility
- #subsidiary
- #agm
- #loads
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.