Amreli Steels Allots 40 Million Shares to Sponsor, Boosts Paid-Up Capital to Rs3.37 Billion
Amreli Steels Limited raises Rs1 billion by issuing 40 million ordinary shares to existing sponsor Shayan Akberali, increasing paid-up capital to Rs3.37 billion and reinforcing financial strength.
Amreli Steels Extends Suspension at Karachi Rolling Mill Amid Mounting Economic Pressures
Pakistan’s leading rebar manufacturer, Amreli Steels, has extended the shutdown of its Karachi rolling mill for another six months, citing persistent economic headwinds. The firm will rely on its Dhabeji facility to maintain supply while monitoring market conditions.