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	184,050.10 472.43M	2.08% 3748.40
ALLSHR	110,789.83 917.40M	1.70% 1851.00
KSE30	54,944.21 207.72M	2.29% 1228.18
KMI30	260,634.87 119.12M	1.29% 3307.40
KMIALLSHR	71,378.23 501.29M	0.84% 594.03
BKTi	51,624.46 128.24M	6.08% 2958.41
OGTi	36,942.77 7.95M	0.12% 44.11

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	58,850.00	59,570.00 57,850.00	-50.00 -0.08%
BRENT CRUDE	72.21	73.53 71.62	-0.74 -1.01%
RICHARDS BAY COAL MONTHLY	107.00	0.00 0.00	-0.50 -0.47%
ROTTERDAM COAL MONTHLY	119.75	122.00 119.75	0.65 0.55%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	68.74	70.19 68.22	-0.76 -1.09%
SUGAR #11 WORLD	15.07	15.25 14.84	0.25 1.69%