Blessed Textiles Limited has announced key decisions from its recent Board of Directors meeting, including the approval of a significant investment in machinery for its Weaving Unit-II.
- The board approved the purchase of 12 Jacquard Machines for approximately PKR 200M.
- Financing for this investment will be arranged through long-term bank loans.
- The installation of a 2.0 MW solar power system has been deferred for now.
- This investment is expected to enhance production capacity and operational efficiency.