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Paramount Spinning Mills’ quarterly progress report for the quarter ended September 30, 2026, states that the company remained non-operational and carried out no commercial production or business operations. Under a court-sanctioned scheme of arrangement, all company assets were sold and the proceeds distributed to secured creditors in full and final settlement of existing liabilities. The company is evaluating strategic options, but does not currently envisage resuming operations.
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
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