SLCL works towards revival as creditor talks near completion

Mettis Global reported that Security Leasing Corporation Limited (PSX:SLCL) has cleared dues owed to some of its creditors and is negotiating with the others, many of which are nearly complete. The disclosure was made in reply to a PSX letter dated October 6, 2026. The company is pursuing these steps as part of an effort to rebuild the business.

According to the company, one of its debtors is expected to make a large payment within the next few days. Those funds are intended to help it meet its obligations and move ahead with the revival effort. Management is following the outstanding settlements and recoveries closely, with the eventual outcome set to appear in its upcoming yearly accounts.

The firm further stated that it will brief the bourse on any material developments. The update was circulated to the exchange through a formal notification.