Cordoba Logistics subsidiary CFSL picks advisors for IPO

Cordoba Financial Services Limited (CFSL), which is 80% owned by Cordoba Logistics & Ventures Limited (PSX: CLVL), has engaged Topline Securities Limited, LSE Capital Limited and Growth Securities Limited in the roles of joint lead consultants and financial advisers for its planned initial public offering and Pakistan Stock Exchange listing. Mettis Global reported the appointments on September 1, 2026. The mandate names all three firms jointly rather than a single adviser.

CFSL may bring in additional consultants or advisers if the offering requires them. CLVL shared the update with the PSX in a material information notice. For shareholders, the filing records the appointment of advisers without setting out any offering terms. The report does not contain details on the offering's structure or its timeline.