Oct 23, 2026, 2:41 PM
Merger petition filed with Lahore High Court for sanction of Scheme of Arrangement
Scheme / ArrangementFirst Treet Manufacturing Modaraba disclosed that a merger petition under Sections 279 to 283 and Section 285 read with Section 505(1)(c) of the Companies Act, 2017 was filed on October 22, 2026 with the Lahore High Court seeking sanction of the Scheme of Arrangement between First Treet Manufacturing Modaraba and Treet Packaging Limited. The filing follows the SECP's issuance of a No Objection to the Scheme, previously disclosed on September 8, 2026.
Key Findings
- The merger petition was filed before the Lahore High Court on October 22, 2026.
- The petition seeks court sanction of the Scheme of Arrangement between First Treet Manufacturing Modaraba and Treet Packaging Limited.
- The SECP had issued a No Objection to the Scheme, disclosed on September 8, 2026.
- The company stated that it will update the PSX, SECP, certificate holders and stakeholders on further developments.
Disclosure Details
Entities Involved
First Treet Manufacturing Modaraba, Treet Packaging Limited, Lahore High Court
Approvals Required
Sanction of the Lahore High Court
Impact
Merger Scheme of Arrangement is subject to the Lahore High Court's sanction.
Risks
Court sanction is pending.
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.