Globe Textile Mills Limited is a pioneer in the production of quality yarns in Pakistan. The company was established in 1969 in Karachi. The Company ceased its operations in April 2005 and sold its assets to clear its liability. Currently the management is working on a revival plan that benefits both its sponsors and minority shareholders.
Globe Textile Mills Limited (PSX: GLOT) is a Public Company Limited by shares incorporated in Pakistan on 1st November 1967 under the provisions of the Companies Ordinance, 1984 (now The Companies Act 2017), the company was listed on Stock Exchange on 26th June 1969. The principal activity of the company is manufacturing and sale of yarn.