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Nishat Mills Limited
Nishat Mills Limited (Urdu pronunciation: [niːˈʃaːt] nee-SHAHT) is a Pakistani textile company based in Lahore. It produces yarn, linen, and other products made from raw cotton and synthetic fibers. It is one of the largest textile companies in Pakistan.
Nishat Mills Limited was founded in 1951 by Mian Muhammad Yahya, Mian Hameed, Mian Rafiq, and Mian Ayub. The name "Nishat" was pre-assigned to the textile license they acquired and was not chosen by the founders.
In 1995, Raza Textiles merged with its sister company, Umer Fabrics, which was later merged into Nishat Mills in 2004. Two years later, in 1997, Nishat Fabrics and Nishat Tek were amalgamated into Nishat Mills.
In May 2009, Nishat Apparel Limited was merged to Nishat Mills.
In January 2023, Nishat acquired Wernerfelt A/S, a company based in Denmark, from Lars Lauridsen Holding ApS.
In September 2024, Nishat sold its shareholding in Nishat Hospitality, established subsidiaries in the United Kingdom and Turkey, and opened a liaison office in Bangladesh.
Nishat Power Limited was incorporated in February 2007 as an independent power producer. It is a subsidiary of Nishat Mills Limited, which holds a 51 percent ownership stake.
Nishat Power commenced commercial operations on June 9, 2010. The power plant, supplied by Wärtsilä, is located near Kasur District in Punjab and operates using residual furnace oil, with a gross generation capacity of 200 MW. For the first five years, the operation and maintenance of the plant were handled by Wärtsilä, which later trained local staff to manage it in-house.
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Nishat Mills Limited
Nishat Mills Limited (Urdu pronunciation: [niːˈʃaːt] nee-SHAHT) is a Pakistani textile company based in Lahore. It produces yarn, linen, and other products made from raw cotton and synthetic fibers. It is one of the largest textile companies in Pakistan.
Nishat Mills Limited was founded in 1951 by Mian Muhammad Yahya, Mian Hameed, Mian Rafiq, and Mian Ayub. The name "Nishat" was pre-assigned to the textile license they acquired and was not chosen by the founders.
In 1995, Raza Textiles merged with its sister company, Umer Fabrics, which was later merged into Nishat Mills in 2004. Two years later, in 1997, Nishat Fabrics and Nishat Tek were amalgamated into Nishat Mills.
In May 2009, Nishat Apparel Limited was merged to Nishat Mills.
In January 2023, Nishat acquired Wernerfelt A/S, a company based in Denmark, from Lars Lauridsen Holding ApS.
In September 2024, Nishat sold its shareholding in Nishat Hospitality, established subsidiaries in the United Kingdom and Turkey, and opened a liaison office in Bangladesh.
Nishat Power Limited was incorporated in February 2007 as an independent power producer. It is a subsidiary of Nishat Mills Limited, which holds a 51 percent ownership stake.
Nishat Power commenced commercial operations on June 9, 2010. The power plant, supplied by Wärtsilä, is located near Kasur District in Punjab and operates using residual furnace oil, with a gross generation capacity of 200 MW. For the first five years, the operation and maintenance of the plant were handled by Wärtsilä, which later trained local staff to manage it in-house.