The Board of Administrators of Premium Textile Mills Restricted (PSX: PRET), by means of Round Decision dated December 8, 2025, has accredited the formation of an entirely owned subsidiary within the UAE.
PRET’s scrip has to this point gone up Rs. 19.79 or 4.71 p.c with a valuation of Rs. 440.
The principal exercise of the corporate is to fabricate and promote cotton and Polyester Yarn, and, from subsequent 12 months, the corporate’s plan is to fabricate and promote Socks below the Firm’s diversification plan.