FCEL signals strategic shift alongside debt settlement efforts
MG News | April 10, 2026 at 12:18 PM GMT+05:00
April 10, 2026 (MLN): First Capital Equities Limited (PSX:FCEL) is in active negotiations with secured creditors and financial institutions to settle its overdue financial obligations on favourable terms, as part of efforts to stabilise its financial position.
In a progress report submitted to the Pakistan Stock Exchange (PSX), the company stated that it is simultaneously evaluating multiple strategic options for its future business plan, including potential ventures in real estate.
The execution of these strategies is expected to follow once a settlement is reached with financial institutions.
The company further noted that it will continue to keep the PSX informed and make necessary disclosures in accordance with applicable laws and regulatory requirements.
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