glpl News
Gillette Pakistan to delist from PSX effective May 19
Gillette Pakistan Limited is to be formally delisted from the Pakistan Stock Exchange effective Tuesday, May 19, 2026, following PSX's acceptance of the company's voluntary delisting request under PSX Regulation No. 5.14 and Section 19(5) of the Securities Act 2015.
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Gillette Pakistan share buyout set at Rs700 ahead of delisting
Series Acquisition B.V. (SABV), the majority shareholder of Gillette Pakistan Limited (PSX: GLPL), is set to purchase all shares of the company held by other shareholders, excluding those held by the sponsor or majority shareholder.
Go to article GLPL's sponsors accept PSX-set Rs700 buyback price
Gillette Pakistan Limited (PSX: GLPL) has moved a step closer to its voluntary de-listing from the Pakistan Stock Exchange after the majority shareholder/sponsor accepted the purchase of ordinary shares at a PSX-determined buy-back price of Rs700 per share.
Go to article PSX sets minimum buyback price of Rs700/share for Gillette
Gillette Pakistan Limited's (PSX:GLPL) voluntary delisting application has been reviewed by the Voluntary Delisting Committee (VDC) of the Pakistan Stock Exchange, with the committee setting a minimum buyback price significantly higher than the sponsor's offer.
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Gillette Pakistan Board approves delisting from PSX
In a major corporate development, Gillette Pakistan Limited has announced plans to wind up its operations in Pakistan, following a decision by its parent company, Procter & Gamble (P&G), to discontinue business in the country as part of a global restructuring program.
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| BRENT CRUDE | 107.95 | 112.00 106.87 | -1.31 -1.20% |
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