Fateh Sports Wear eyes restart after $2m funds release

Mettis Global reported that Fateh Sports Wear Limited (PSX: FSWL) expects its operations to restart once a stay order is set aside and $2.00m of blocked funds is freed. The update came from management in a progress report lodged with the Pakistan Stock Exchange, replying to an Exchange letter dated October 02, 2026. Management said it is actively pursuing the release of the money and anticipates that the stay order will be lifted soon.

Meanwhile, the company has drawn up a marketing plan to promote and sell its products in international markets and has started approaching buyers for export orders. Management is also hopeful that production will restart as quickly as possible once the money arrives and working capital is in place. Updates will be filed each quarter, no later than 15 days after the quarter closes.