📊 Dividend / Entitlement · SHDT Shadab Textile Mills Limited has issued a Quarterly Progress Report detailing the utilization of proceeds from its recent Right Issue, which was completed on April 13, 2026.
- The Right Issue raised net proceeds of PKR 250.00M.
- Utilization period covered: April 13, 2026, to June 30, 2026.
- Total amount utilized by June 30, 2026, is PKR 197.59M, representing 79.04% of the total proceeds.
- Key allocations include:
- Purchase of Plant and Machinery: PKR 79.09M (60.14% utilized)
- Installation of Solar System: PKR 47.50M (100% utilized)
- Working Capital Requirements: PKR 71.00M (100% utilized)
- The report confirms no deviation from the approved utilization plan.
About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange. A summary for information, not investment advice — the original filing is the authoritative record.
Original filing (PDF)