IDRT puts mill production on hold

Mettis Global reported on October 22, 2026 that Idrees Textile Mills Limited (PSX: IDRT) has temporarily suspended production at its mill. The company said the pause is intended to support the execution of special resolutions approved by shareholders at an Extraordinary General Meeting on June 27, 2026.

Those resolutions form part of a broader plan focused on improving profitability through more efficient use of the company’s assets and infrastructure. Idrees Textile Mills said it will notify the exchange and shareholders if there are material developments. The report did not specify how long the production suspension will last.

The mill stoppage is therefore tied to carrying out shareholder-approved changes, rather than a separately stated disruption. For investors, the development concerns IDRT’s operations and its stated effort to raise profitability through asset and infrastructure optimisation.