- July 24, 2026
- Posted by: Tresmark
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Service Industries Limited (SIL) has announced that its wholly owned subsidiary, Service Tyres (Private) Limited (STPL), plans to incorporate a new wholly owned subsidiary named Service Tyres International (Private) Limited as part of its strategy to expand its tyre business.
The company disclosed the development to the Pakistan Stock Exchange (PSX) in compliance with the Securities Act, 2015 and the PSX Rule Book.
SIL said further details regarding the proposed subsidiary and its operations will be shared with the exchange in due course. The planned incorporation is aimed at supporting the group's expansion in the tyre segment.
