Thatta Cement reaches in-principle understanding on PSL restructuring

Mettis Link News reported on September 10, 2026 that Thatta Cement Company Limited (THCCL) has struck a preliminary understanding over a proposed overhaul of Pakistan Services Limited (PSL). The arrangement remains conditional on the finalisation of definitive agreements, which will be relayed to the Pakistan Stock Exchange at a later stage.

The disclosure was made through a formal notification sent to the exchange, which the company used to inform the market of the understanding. Restructuring of PSL is the central matter in this filing, and its outcome depends on whether the definitive agreements are eventually finalised. The filing shows that an arrangement involving PSL is under way but has not yet reached a binding stage.