BR100 Decreased By (-0.33%)
BR30 Decreased By (-0.52%)
KSE100 Decreased By (-0.21%)
KSE30 Decreased By (-0.15%)
AGHA 6.64 Decreased By ▼ -0.03 (-0.45%)
BECO 4.38 Increased By ▲ 0.03 (0.69%)
BML 55.51 Decreased By ▼ -0.66 (-1.18%)
BOP 29.97 Decreased By ▼ -0.15 (-0.5%)
CNERGY 12.83 Decreased By ▼ -0.15 (-1.16%)
CSIL 5.21 Decreased By ▼ -0.10 (-1.88%)
FCCL 51.48 Decreased By ▼ -0.17 (-0.33%)
FFL 14.44 Decreased By ▼ -0.05 (-0.35%)
FNEL 1.23 Increased By ▲ 0.02 (1.65%)
KEL 6.03 Decreased By ▼ -0.03 (-0.5%)
KOSM 5.50 Decreased By ▼ -0.34 (-5.82%)
LOTCHEM 26.09 Decreased By ▼ -0.08 (-0.31%)
MLCF 90.85 Decreased By ▼ -0.38 (-0.42%)
NBP 161.49 Decreased By ▼ -2.70 (-1.64%)
NCPL 52.48 Decreased By ▼ -0.70 (-1.32%)
NPL 57.98 Decreased By ▼ -1.14 (-1.93%)
OGDC 315.00 Increased By ▲ 1.61 (0.51%)
PACE 9.67 Decreased By ▼ -0.10 (-1.02%)
PAEL 34.99 Decreased By ▼ -0.25 (-0.71%)
PIBTL 14.29 Decreased By ▼ -0.42 (-2.86%)
PPL 219.96 Decreased By ▼ -1.40 (-0.63%)
PRL 91.97 Increased By ▲ 0.75 (0.82%)
PTC 59.40 Increased By ▲ 0.21 (0.35%)
SSGC 23.15 Decreased By ▼ -0.15 (-0.64%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.48 Decreased By ▼ -0.13 (-1.71%)
TPL 21.20 Decreased By ▼ -0.83 (-3.77%)
TPLP 12.17 Decreased By ▼ -0.39 (-3.11%)
TREET 21.60 Decreased By ▼ -0.13 (-0.6%)
TRG 55.20 Decreased By ▼ -0.59 (-1.06%)

KARACHI: Thatta Cement Company Limited (TCCL) formally announced a major corporate development, successfully acquiring a substantial stake in Pakistan Services Limited (PSL). The acquisition has resulted in TCCL holding a significant 28 percent shareholding in PSL.

The disclosure of this development was formally made on October 14, 2025, through regulatory filings. This block trade was executed at a price of Rs 710 per share. As a result of this acquisition, TCCL’s total shareholding in PSL now stands at the aforementioned 9,107,800 voting shares.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.