Pakistan, March 14 -- Gul Ahmed Textile Mills Limited has announced the creation of four wholly-owned subsidiaries to enhance sustainable textile production. The decision, approved by the Board of Directors on March 13, 2025, was officially shared with the Pakistan Stock Exchange (PSX) on March 14. These subsidiaries will focus on renewable energy solutions and meet global export sustainability requirements, strengthening the company's commitment to eco-friendly manufacturing.

Each subsidiary will be registered under the Companies Act 2017, with Gul Ahmed holding 100% ownership. The company has assured compliance with all Securities and Exchange Commission of Pakistan (SECP) regulations and necessary legal filings. This step aligns with ...