#RunwayNews: A massive fire broke out at Gul Ahmed Textile Mills Limited’s warehouse in Karachi, causing significant damage to inventories and fixed assets. The company confirmed the incident in an official statement to the Pakistan Stock Exchange (PSX) on Monday. While the blaze resulted in material losses, Gul Ahmed reassured stakeholders that all affected inventories are fully insured under comprehensive coverage ensuring minimal financial impact. The textile giant is working closely with ins