Fauji Foundation acquires 20% stake in Pakistan Services

Fauji Foundation purchased 6,406,797 voting shares in Pakistan Services Limited on November 02, 2026, taking a 19.70% interest, Mettis Global reported. The transaction was completed at Rs1,022.42 per share, and the acquired shares constitute the trust’s entire holding in the company after the purchase.

Pakistan Services said it received the foundation’s notice dated November 02 and sent it to the exchange on November 03. The company also disclosed that the buyer has no nominee on its board and that no other parties are acting together with it in this acquisition. The reported purchase gives Fauji Foundation a substantial ownership position, while the disclosure indicates that it does not currently have board representation.