Fast Cables completes plant, machinery expansion at manufacturing facility using IPO proceeds

Fast Cables Limited has informed Pakistan Stock Exchange that it has completed an expansion of plant and machinery at its manufacturing facility, funded from proceeds of its initial public offering (IPO).

In a notice dated February 18, 2026, addressed to the PSX, company said expansion has increased production capacity and included induction of advanced machinery, which it said improved operational efficiency and product quality, while optimising production and delivery timelines.

Company said expanded facilities are now fully operational and positioned it to meet market demand with greater speed and reliability, while strengthening its competitive position. It requested PSX to disseminate information to TREC holders under relevant disclosure requirements cited in notice.