Ahlada Engineers Limited — Important, 18-04-2026: Disclosure of material issue

AHLADA (AHLADA) is expanding globally! The company has approved setting up a new subsidiary in Dubai, UAE. This strategic move targets the Middle East and broader global markets, aiming to boost exports of steel products (like doors, windows, and RO systems), enhance supply chain efficiency, and improve customer proximity. AHLADA plans to invest up to AED 1,000,000 in cash for a minimum 76% ownership stake in the new entity, which will focus on trading, distribution, and marketing. This initiative is expected to drive long-term shareholder value. #AHLADA #GlobalExpansion #UAE #SteelSector