Thatta Cement signs agreement on proposed Pakistan Services restructuring
The agreement with Fauji Foundation concerns a proposed restructuring of Pakistan Services Limited and remains subject to corporate, regulatory and other approvals.
At a glance
- Thatta Cement entered a definitive agreement with Fauji Foundation.
- The agreement concerns a proposed restructuring of Pakistan Services Limited.
- The proposal remains subject to corporate, regulatory and other necessary approvals.
Key facts
- Agreement
- Definitive agreement with Fauji Foundation
- Disclosed November 11, 2026
- Proposal
- Restructuring of Pakistan Services Limited
- Condition
- Corporate, regulatory and other necessary approvals
- The proposed restructuring remains subject to these approvals
Thatta Cement Company Limited THCCL said on November 11, 2026, that it had entered into a definitive agreement with Fauji Foundation concerning the proposed restructuring of Pakistan Services Limited, according to a filing with the Pakistan Stock Exchange.
The company said the proposed restructuring is subject to the requisite corporate, regulatory and other necessary approvals. The announcement was made under clause 5.6.1 of the Pakistan Stock Exchange Regulations and Section 96 of the Securities Act 2015.
The filing, dated November 11, was signed for Thatta Cement by Chief Executive Officer Kamran Munir Ansari. It identifies Fauji Foundation as the other party to the definitive agreement and Pakistan Services Limited as the company whose restructuring is proposed.
THTHCCLPakistan Stock ExchangeStocks in this story
Sources
This story was produced by the Investify News Desk with automated tools and checked against the sources listed. Report an error: support@investify.pk. Editorial policy
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