Karachi, November 10, 2025 – Gul Ahmed Textile Mills Limited has confirmed a fire incident at one of its warehouse facilities, resulting in damage to certain inventories and fixed assets.
In a statement submitted to the Pakistan Stock Exchange (PSX) on Monday, the company said it had begun a detailed assessment to determine the full extent of the damage and its potential impact on operations.
“The company has initiated a comprehensive evaluation to assess the losses and operational implications,” Gul Ahmed stated. “All affected inventories are fully insured under comprehensive coverage.”
The textile manufacturer added that it is working closely with insurance providers, safety authorities, and relevant stakeholders to manage the aftermath effectively and ensure business continuity.
According to the company, additional details will be shared once the assessment is complete or if any material developments occur that could impact operations, financial results, or future outlook.
The management emphasized that safety measures were promptly implemented to contain the fire and minimize disruption to ongoing business activities.
The company reiterated its commitment to maintaining transparency and keeping investors informed of all key updates. Gul Ahmed also assured that production and supply chain operations across other facilities remain unaffected, with contingency plans in place to minimize delays and continue fulfilling customer orders both locally and internationally without major disruption.