Sazgar Engineering acquires Rs868m land for future expansion
METTIS GLOBAL • • 1 min read
Sazgar Engineering Works Limited (PSX: SAZEW) has acquired land worth approximately Rs867.75m on the main Raiwind Road in Lahore, Mettis Link News reported. The deal was announced on October 6, 2026. The purchase is aimed at the company's business needs ahead. Taxes and other incidental costs are excluded from that amount.
Next to the company's Three Wheelers Unit lies a plot of nearly 26.7 kanals. The details were disclosed through a notification sent to the Exchange. The filing gives investors a formal record of the acquisition.
The report does not say when the plot will be developed or used. The filing names the location, the value and the adjoining unit, which are the core facts for shareholders.
At a glance
- Sazgar Engineering acquired land worth approximately Rs867.75m on Raiwind Road, Lahore.
- The plot measures nearly 26.7 kanals and sits next to the Three Wheelers Unit.
- The purchase value excludes incidental taxes and expenses.
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Originally reported by METTIS GLOBAL
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