Security Papers completes Paper Machine 2 upgrade project

Mettis Global reported that Security Papers Limited, listed on the PSX as SEPL, has finished upgrading its Paper Machine 2 and that the plant resumed regular activity and output effective September 30, 2026. The company made the disclosure in a formal notice to the exchange that cites the Securities Act, 2015 and Clause 5.6.1 of the PSX Rule Book. The filing marks the end of the upgrade work and the return of the plant to regular output.

Output from PM-2 was paused on July 25, 2026, so that updated components could be fitted and integrated into the machine. According to the filing, the upgrade enhances the company's technical capabilities, letting it add contemporary protective features to the banknote paper it manufactures. The dates in the notice show the halt lasted from July 25 until the restart on September 30, 2026.