J.K. Spinning Mills Announces Major Manufacturing Modernization Drive
Faisalabad, September 8, 2026: J.K. Spinning Mills Limited has announced a major investment programme aimed at modernizing its manufacturing facilities, improving operational efficiency and strengthening the quality and competitiveness of its textile products.
According to a disclosure submitted to the Pakistan Stock Exchange, the company has undertaken an investment of approximately Rs1.789 billion for the enhancement and modernization of its Fabric Processing Unit. The investment will include the installation of advanced machinery and equipment designed to improve the unit’s processing capabilities.
The modernization project includes a Goller Complexa two-stage Bleaching Range with single-loop washing compartments, an 8-Chamber POSLU Stenter with a 3,400 mm working width, and a biomass-fired step-grate thermal oil heater, along with associated civil works and other costs.
J.K. Spinning Mills said the investment is expected to improve the operational efficiency of its processing department while enhancing the quality and competitiveness of its products.
Rs515.5 Million Allocated for Spinning Division
Alongside the fabric processing investment, the company has also deployed Rs515.50 million under its ongoing Balancing, Modernization and Replacement (BMR) policy for the Spinning Division.
The BMR programme is expected to replace 16 high-speed Ring Frame LR/XS machines with two sets of complete high-speed compact Spinning System frames, together with accessories. The project will also include an Automatic Bale Plucker and other related equipment.
The replacement of existing machinery is expected to improve operational efficiency, optimize the spinning process and enhance yarn quality.
Financing Secured Under LTFF Scheme
J.K. Spinning Mills has secured financing from banks under the Long Term Finance Facility (LTFF) scheme. The company said the required documentation and other formalities with the financing banks are currently being completed.
The investments form part of the company’s broader strategy to upgrade its manufacturing infrastructure and improve its competitive position in the textile industry.
By investing in modern processing and spinning equipment, J.K. Spinning Mills aims to strengthen production efficiency while maintaining a focus on product quality. The company has requested that the certificate holders of the Pakistan Stock Exchange be informed accordingly.
Source: Disclosure of Material Information submitted by J.K. Spinning Mills Limited to the Pakistan Stock Exchange, dated September 8, 2026. The original disclosure is a one-page document and its text is presented in the scanned page image.
