FCEL to roll out revised business plan after settlement with lenders

MG News | October 08, 2026 at 11:06 AM GMT+05:00

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October 08, 2026 (MLN): First Capital Equities Limited (PSX:FCEL) is negotiating with secured creditors and financial institutions to settle its overdue financial obligations on favorable terms, while also weighing strategic options, including real estate projects, as part of its future business plan.

In a progress report submitted to the Pakistan Stock Exchange (PSX) in response to the bourse's letter No. PSX/Gen-1182 dated October 02, 2026, the company stated that it will put its revised business plans into effect as soon as the settlement with the financial institutions is completed.

The company will also keep the PSX updated and make the necessary disclosures in line with the law and PSX regulations in due course.

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