Dadex Eternit enters agreement for disposal of Karachi property
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MG News | February 20, 2026 at 11:04 AM GMT+05:00
February 20, 2026 (MLN): Dadex Eternit Limited
(PSX:DADX) has entered into an agreement
with M/s. Sherjan Mosakhail & Sons, a registered partnership firm, for the
disposal of its immovable property.
The transaction has been approved by shareholders and
follows the required corporate authorization process, according to the
company's statement issued today.
However, the deal remains subject to completion of
procedural corporate and regulatory formalities and has not yet been finalized.
The company has not
disclosed the financial terms of the transaction in the current filing.
Upon completion of the transaction, shareholders will be
duly informed in accordance with applicable regulatory requirements.
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