GUSM · Gulistan Spinning Mills Limited
Gulistan Spinning Mills Annual Report and Financial Statements for FY2026
Official PSX filing title: MISC
- Filed
- 12 October 2026 at 11:51 am
- Category
- Other
- Sentiment
- Neutral
- Impact
- High
Executive summary
Gulistan Spinning Mills Limited released its annual report and audited financial statements for the year ended June 30, 2026, reporting a loss after taxation of Rs. 20,320,678. The company has ceased operations since May 1, 2014, and highlights that a Scheme of Arrangement under Section 279 of the Companies Act 2017 has been sanctioned by the Sindh High Court to resolve liabilities and pending litigations with banks.
Key takeaways
- Reported loss after taxation of Rs. 20,320,678 for the year ended June 30, 2026.
- Operations have remained ceased since May 1, 2014.
- Scheme of Arrangement sanctioned by the Sindh High Court to settle liabilities and withdraw bank litigations.
- #annual report
- #financial statements
- #loss
- #scheme of arrangement
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