Gul Ahmed Textile Mills Limited is taking a significant step toward sustainability by forming four wholly-owned subsidiaries, each dedicated to specialized textile operations with sustainable practices. This strategic move was approved by the company's Board of Directors on March 13, 2025, and was announced to the Pakistan Stock Exchange recently.

The subsidiaries will operate as private limited companies under the Companies Act 2017, with full ownership retained by Gul Ahmed. They aim to transition to renewable energy sources and meet international export market demands for sustainable practices. The company’s management believes that these initiatives will better position Gul Ahmed in both domestic and international markets, reducing its reliance on fossil fuels and aligning with evolving buyer requirements for sustainable production.

Key Points:

• Formation of four wholly-owned subsidiaries

• Focus on sustainable textile operations

• Transition to renewable energy sources

• Compliance with SECP regulations

• Strengthening market position and reducing fossil fuel dependency

By embarking on this path, Gul Ahmed reinforces its commitment to sustainability, innovation, and market adaptability.