Philip Morris Investments B.V., the majority shareholder of Philip Morris (Pakistan) Limited (PMPK), announced on Friday that it had received acceptance for the voluntary delisting of PMPK.
PMPK, engaged in the manufacturing and sale of cigarettes and tobacco products, disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Friday.
It said that the PSX had decided to delist the company from the exchange with effect from October 06, 2025.
“The shareholders of the company, who may desire to avail the opportunity of buy-back of shares by the Sponsors, are advised to approach Topline Securities Limited, Purchase Agent of the Company,” the notice read.
Earlier in March, PMPK, an affiliate of Philip Morris International (PMI), decided to purchase all the shares of the company and voluntarily delist from the PSX.
PMI, the ultimate shareholder of PMPKL, holds 97.65% of the shareholding through its subsidiaries, Philip Morris Investments B.V. (PMIBV) and Philip Morris Brands SARL (PMBS).
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