Fauji Cement, KAPCO offer to buy 7.97% stake in Attock Cement

News Image

MG News | February 18, 2026 at 03:19 PM GMT+05:00

Join our Whatsapp channel
Add Mettisglobal as a Trusted Source on Google Google
0:00

February 18, 2026 (MLN): Fauji Cement Company Limited (PSX: FCCL) and Kot Addu Power Company Limited (PSX: KAPCO) have jointly made a public offer to acquire 10.95 million ordinary shares representing about 7.97% of Attock Cement Pakistan Limited, according to filings submitted to Pakistan Stock Exchange Limited today.

The joint acquirers are offering Rs330.41 per share for the stake, with the acceptance window scheduled from April 6 to April 12, 2026.

Payments for accepted shares will be made within 10 days of the closing date.

If shareholder participation exceeds the targeted number of shares, allocations will be made on a proportional basis in line with takeover regulations.

The offer, managed by Integrated Equities Limited, is being made under the Securities Act, 2015 and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017.

Shareholders may tender holdings held through the Central Depository Company or in physical form, subject to submission of required documentation by the deadline.

Copyright Mettis Link News

Related News

News
PSX Closing Bell: Red Wrap-Up
News
Zia Chishti: The Man Who Refused to Lose TRG
News
PSX Closing Bell: From Green Dreams to Red Reality
Name Price/Vol %Chg/NChg
KSE100 161,805.02
195.97M 		-2.29%
-3791.05
ALLSHR 97,831.99
495.75M 		-2.19%
-2185.72
KSE30 48,340.67
77.02M 		-2.27%
-1124.26
KMI30 232,680.60
78.39M 		-2.62%
-6271.80
KMIALLSHR 63,675.05
227.49M 		-2.51%
-1639.11
BKTi 43,875.66
32.84M 		-2.04%
-913.32
OGTi 33,979.39
8.60M 		-3.21%
-1127.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,620.00 78,495.00
76,020.00 		-2590.00
-3.27%
BRENT CRUDE 110.84 112.00
106.87 		1.58
1.45%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00 		-7.25
-6.18%
ROTTERDAM COAL MONTHLY 110.50 110.65
110.10 		1.30
1.19%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50 		0.00
0.00%
CRUDE OIL - WTI 102.97 104.37
98.60 		1.95
1.93%
SUGAR #11 WORLD 14.71 14.95
14.57 		-0.09
-0.61%
Chart of the Day
Latest News
May 18, 2026 at 09:42 PM GMT+05:00

Overseas investors repatriate $2bn in 10MFY26

May 18, 2026 at 08:30 PM GMT+05:00

Pakistan records FDI of $55m in April

May 18, 2026 at 08:27 PM GMT+05:00

Bank deposit rate rises by 24bps in April

May 18, 2026 at 08:16 PM GMT+05:00

SBP raises Rs652bn in Fixed Rate PIB Auction

Top 5 things to watch in this week
Current Account Balance
Real Effective Exchange Rates Indices
Summary of Foreign Investments in Pakistan
Private Sector Credit
Banking Sector Spreads
Previous
Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg