As the Pakistan Textile Industry took root in the early 1960's the founders of Ali Asghar Textile Mills Ltd forged a unique philosophy of doing business. It was built around a deep commitment to product quality and customer services. That philosophy continues till today.
Ali Asghar Textile Mills Limited was established in 1969 as a textile spinning unit. However in 2011 a strategic decision was taken by the management to exit textile spinning unit and invest in warehousing/Logistic. As a result change in memorandum of Article of AATML was carried out to change principal line of business to logistic/warehouse.
The amendments are reproduced as follows to carry on business of Logistics/Warehouse construction/ rental and allied business. To enter into agreement/join venture with companies' parties to establish logistic hub/office building/warehouses/industrial Park on land of the company, on land leased out from third party, to lease out land to third party for logistic related activities. To acquire purchase exchange or otherwise any movable or unmovable property any right or privileges which the company may deem necessary for the purpose of its business.
Resolution for name change to reflect the current state of business and focus has also been apporoved by shareholders in the last AGM held on 26th October 2023.