Thatta Cement, Fauji Foundation sign deal for Pakistan Services restructuring
Mettis Global • • 1 min read
Thatta Cement Company Limited and Fauji Foundation have signed a definitive agreement covering a proposed restructuring of Pakistan Services Limited, Mettis Global reported on November 11, 2026. The arrangement still requires corporate, regulatory and other necessary approvals, according to the company’s filing on the PSX.
The agreement follows Fauji Foundation’s purchase of 6,406,797 Pakistan Services voting shares at Rs1,022.42 each, giving it a 19.70% holding. The filing said there were no persons acting in concert with Fauji Foundation in that acquisition, and it had not nominated a director to Pakistan Services’ board. For investors, the next step depends on the approvals required for the restructuring involving Thatta Cement and Pakistan Services.
At a glance
- Thatta Cement and Fauji Foundation signed an agreement for a proposed Pakistan Services restructuring.
- The deal is subject to corporate, regulatory and other approvals.
- Fauji Foundation acquired a 19.70% voting stake in Pakistan Services.
Stocks in this story
Originally reported by Mettis Global
This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.
Read the full storyWant the full article here?
Log in to read the full article in the Investify reader, in English or Urdu.
Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.
More on THCCL
Pearl Continental owner in major shake-up as Thatta Cement, Fauji Foundation ink dealBR• 11 Nov 2026Neutral coverage
Thatta Cement enters EV business with plans to import affordable Chinese vehiclesProfit• 5 Nov 2026Neutral coverage- Thatta Cement FY26 profit slips 3% to Rs2bnMettis• 5 Nov 2026Negative coverage
Pakistani cement maker to enter mass-market EV segment through Chinese importsBR• 5 Nov 2026Neutral coverage
Pakistan's Thatta Cement completes second Sukuk profit, principal paymentProfit• 14 Oct 2026Neutral coverage- THCCL completes second profit, principal payment on Sukuk certificatesMettis• 14 Oct 2026Neutral coverage
