Our History 2024 Finalized the share swap agreement between Mr. Shahzad Saleem and NML to enhance family’s control in NCL. 2022 Divested the control in NCPL. 2022 Addition of Open-end production line (Spinning Autocoro) comprising of 2,880 Rotors. 2022 Incorporated Nishat Chunian Properties to expand into real estate and boost market reach. 2021 Incorporated TLC Middle East LLC in UAE to tap into Middle Eastern textile retail demand. 2020 Incorporated Sweave Inc. in USA to expand market reach of premium textile products. 2020 NCECL merged with NCL 2019 Added Jacquard looms to the Weaving Division 2017 Diversified into narrow width Weaving 2016 Entered local Home Textiles retail market with the launch of The Linen Company (TLC) 2015 Added digital printing to Home Textiles Division 2014 Setup a 46MW power plant as a wholly owned subsidiary, NC Electric Company Limited (NCECL) 2013 Setup sixth Spinning mill with a capacity of 22,000 spindles 2013 Acquired two Spinning mills comprising of 38,000 spindles taking the number to 8 2013 Nishat Chunian USA Inc. incorporated in USA for textile supplies to international retail market 2010 NCPL started commercial operations 2007 Diversified into Power business with incorporation of Nishat Chunian Power Limited (NCPL) 2006 Diversified into Home Textiles business 2005 Acquired operating assets of Umer Fabrics Limited & set up third Spinning mill with 50,000 spindles 2000 Set up second Spinning mill with 32,000 spindles 1998 Diversified into Weaving business 1991 First Spinning unit started commercial production with 22,000 spindles 1990 Nishat Chunian Limited (NCL) incorporated as a public limited company
