Mitsubishi to sell entire stake in Engro Polymer
MG News | February 17, 2026 at 01:59 PM GMT+05:00
February 17, 2026 (MLN): Japan’s Mitsubishi Corporation has agreed to sell its entire 11.01% stake in Engro Polymer & Chemicals Limited (EPCL).
This marked a potential shift in the ownership structure of one of Pakistan’s largest PVC producers.
The Tokyo-based conglomerate has signed share purchase agreements to divest 100.05 million shares to Liberty Daharki Power Limited and Seagreen Enterprises (Private) Limited following direct negotiations, according to a regulatory filing.
Completion of the transaction remains subject to customary conditions, including corporate and regulatory approvals.
EPCL said it would keep the Pakistan Stock Exchange informed of further developments.
Mitsubishi’s exit indicates a broader trend of foreign investors recalibrating exposure to Pakistan’s industrial sector amid evolving market dynamics.
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