Lahore High Court approves merger of PFL and FATIMA

News Image

MG News | July 07, 2023 at 11:10 AM GMT+05:00

July 07, 2023 (MLN): The Lahore High Court has sanctioned the approval of the merger/ amalgamation of Pakarab Fertilizers Limited (PFL) with and into Fatima Fertilizer Company Limited (PSX: FATIMA), as revealed in the company's latest filing on PSX.

This notice is with reference to their earlier communication dated December 5, 2022, and the joint petition/application filed by the applicant companies.

"We are pleased to inform you that the honorable Lahore High Court issued the certified copy of the order on July 6, 2023," the notice reads.

It further states that this strategic amalgamation will further solidify our position as a leading player in the fertilizer sector and also presents numerous opportunities for enhanced growth synergies, and operational efficiencies.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 165,596.07
264.75M
-0.54%
-902.76
ALLSHR 100,017.71
623.24M
-0.46%
-463.69
KSE30 49,464.92
86.97M
-0.60%
-299.08
KMI30 238,952.40
97.00M
-0.58%
-1388.16
KMIALLSHR 65,314.16
323.73M
-0.44%
-285.47
BKTi 44,788.98
46.84M
-0.77%
-347.65
OGTi 35,107.09
7.04M
-0.41%
-145.22
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 79,165.00 81,895.00
78,675.00
-2455.00
-3.01%
BRENT CRUDE 109.47 109.75
106.26
3.75
3.55%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-2.95
-2.61%
ROTTERDAM COAL MONTHLY 109.00 109.00
108.75
1.25
1.16%
USD RBD PALM OLEIN 1,191.50 1,191.50
1,191.50
0.00
0.00%
CRUDE OIL - WTI 101.16 101.57
97.23
4.24
4.37%
SUGAR #11 WORLD 14.78 15.07
14.67
-0.21
-1.40%

Chart of the Day


Latest News
May 16, 2026 at 04:25 PM GMT+05:00

Jet Green Airlines eners operational readiness phase


May 16, 2026 at 03:02 PM GMT+05:00

Weekly Market Roundup


May 16, 2026 at 12:05 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


May 16, 2026 at 12:38 AM GMT+05:00

Petrol, Diesel prices slashed by Rs5



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg