Nishat Chunian
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]
 | |
| Type | Public |
|---|---|
| PSX: NCL | |
| Founded | 1990 |
| Headquarters | Lahore, Pakistan |
| Parent | Nishat Group |
| Website | nishat |
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:
References
- Hussain, Dilawar (23 October 2017). "Nishat Chunian expands into power and cinema".
- "One of Pakistan's largest textile companies, Nishat Chunian to partially suspend operations". DAWN.COM. December 28, 2022.
- "Year of the yarn: Nishat Chunian acquires Taj Textile for Rs350 million". The Express Tribune. July 25, 2013.
- Farooq, Mohammad (July 26, 2018). "Nishat Chunian sells 100 percent stake in NCEL". Profit by Pakistan Today.
- Correspondent, Our Equities (January 9, 2013). "Nishat to set up subsidiary in US". DAWN.COM.
- "Nishat Chunian to invest $1m in US". The Express Tribune. January 8, 2013.
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