PSX explores acquiring further stake in NCCPL

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MG News | August 07, 2026 at 11:26 AM GMT+05:00

August 07, 2026 (MLN): Pakistan Stock Exchange Limited (PSX) has initiated engagement with one or more existing shareholders of National Clearing Company of Pakistan Limited (NCCPL) to explore the possibility of acquiring further shares in the company.

The engagement follows amendments notified by the Securities and Exchange Commission of Pakistan (SECP) to the Clearing Houses (Licensing and Operations) Regulations, 2016 and the Central Depositories (Licensing and Operations) Regulations, 2016, which, among other things, provide for enhanced permissible foreign shareholding limits in such institutions along with the criteria for their computation.

PSX said the communication is being made at a preliminary stage and that no agreement or transaction has been concluded as of the date of disclosure.

A further update will be issued in line with applicable disclosure requirements upon execution of any definitive agreement or any material development in this regard.

The aforementioned information was disseminated through a notification to Exchange.

 

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