July 23, 2026 (MLN): Air Link Communication Limited (PSX:AIRLINK)  is to  establish an electric bike manufacturing project under its own brand, AirV, after the Company's Board of Directors approved the initiative.

The project envisages the establishment of an advanced electric bike assembly plant at the Company's manufacturing facility located in the Sundar Green Special Economic Zone (SGSEZ), Lahore.

The initiative forms part of Air Link's long-term strategy to diversify its manufacturing portfolio into emerging technology-driven mobility solutions and to capitalize on the growing demand for electric vehicles in Pakistan.

The Board has also authorized the management to undertake all necessary regulatory, commercial, and operational activities required for the project's implementation.

The aforementioned was disseminated through a notification to Exchange.