KAPCO to acquire 46% stake in Attock Cement

MG News | March 17, 2026 at 09:26 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

March 17, 2026 (MLN): Kot Addu Power Company Limited (PSX:KAPCO) has been authorized to invest up to $74.62 million in equivalent Rupees for the acquisition of up to 63,238,327 ordinary shares of Attock Cement Pakistan Limited.

This represents a stake of up to 46% of its issued and paid-up share capital.

The authorization was passed through a resolution at the company's 14th Extraordinary General Meeting held on March 16, 2026.

The resolution further empowers any two of the Chief Executive, General Manager Finance/CFO, and/or Company Secretary, acting jointly, to execute all acts, agreements, and documents necessary to implement the transaction, including requisite regulatory filings.

The aforementioned information was disseminated through a notification to Exchange.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	175,379.87 492.78M	1.96% 3366.38
ALLSHR	105,023.93 996.99M	1.82% 1874.96
KSE30	51,596.07 292.99M	1.93% 977.56
KMI30	251,232.44 189.35M	1.96% 4834.26
KMIALLSHR	67,826.54 525.89M	1.78% 1187.47
BKTi	48,333.80 98.79M	2.56% 1207.30
OGTi	34,809.01 9.82M	1.19% 408.89

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	76,070.00	81,185.00 75,645.00	-4265.00 -5.31%
BRENT CRUDE	98.37	98.83 93.44	3.75 3.96%
RICHARDS BAY COAL MONTHLY	127.25	127.25 127.00	1.15 0.91%
ROTTERDAM COAL MONTHLY	136.50	138.65 136.50	-1.80 -1.30%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	90.51	91.05 86.65	2.39 2.71%
SUGAR #11 WORLD	18.60	18.87 18.35	0.13 0.70%