Nishat Chunian

Last updated
Nishat Chunian
Type Public
PSX:  NCL
Founded1990
Headquarters Lahore, Pakistan
Parent Nishat Group
Website nishat.net

Nishat Chunian Group is a Pakistani vertically integrated textile company which was founded in 1990. [1] It is listed on the Pakistan Stock Exchange and is one of the largest textile company of Pakistan. [2]

Contents

History

Nishat Chunian was founded in 1990 with a manufacturing facility of 14,400 spindles. [1]

In 2013, Nishat Chunian acquired Taj Textiles for Rs. 350 million. [3]

In July 2018, Nishat Chunian divested its shareholding in Nishat Chunian Entertainment. [4]

Subsidiaries

Following are the two subsidiaries:

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References

  1. 1 2 3 Hussain, Dilawar (23 October 2017). "Nishat Chunian expands into power and cinema".
  2. "One of Pakistan's largest textile companies, Nishat Chunian to partially suspend operations". DAWN.COM. December 28, 2022.
  3. "Year of the yarn: Nishat Chunian acquires Taj Textile for Rs350 million". The Express Tribune. July 25, 2013.
  4. Farooq, Mohammad (July 26, 2018). "Nishat Chunian sells 100 percent stake in NCEL". Profit by Pakistan Today.
  5. Correspondent, Our Equities (January 9, 2013). "Nishat to set up subsidiary in US". DAWN.COM.
  6. "Nishat Chunian to invest $1m in US". The Express Tribune. January 8, 2013.