Amreli Steels Limited announced that it has signed and executed the Master Restructuring Agreement (MRA) along with allied documents and agreements with a consortium of banks. Bank Alfalah Limited acted as the lead bank, while Pak Brunei Investment Company Limited served as agent and security agent.
The company said the restructuring will strengthen liquidity, improve cash flow, and support sustainable operations. It is also expected to enhance capacity utilization while reducing financial and operational costs.
Last month, Amreli’s Board of Directors had approved the terms and conditions of the restructured facilities through a term sheet and the MRA, paving the way for the agreement’s execution.
Amreli Steels maintains an annual production capacity of 600,000 tons for billets and a rebar manufacturing capacity of 605,000 tons per annum.
