⚡ Flash Summary

Thatta Cement Company Limited (THCCL) announced on October 14, 2025, the acquisition of 9,107,800 voting shares of Pakistan Services Limited (PSL) on October 13, 2025. The acquisition price was Rs. 710 per share. This acquisition results in THCCL holding 28% of the total issued voting shares of PSL. The disclosure is made in accordance with Section 110 of the Securities Act, 2015.

📌 Key Takeaways

• 📝 THCCL acquired 9,107,800 shares of Pakistan Services Limited (PSL).
• 📅 Acquisition date: October 13, 2025.
• 💰 Acquisition price: Rs. 710 per share.
• 📊 THCCL now holds 28% of PSL’s total issued voting shares.
• 📜 The announcement complies with Section 110 of the Securities Act, 2015.
• 🏢 THCCL’s authorized share capital is 1,000,000,000 shares of Rs. 2 each.
• ✅ THCCL’s issued share capital is 498,590,625 shares of Rs. 2 each.
• 🏢 THCCL’s registered address: CL/5-4 State Life Building # 10, Abdullah Haroon Road, Karachi.
• 📅 THCCL’s date of incorporation: March 29, 1980.
• 📍 THCCL’s jurisdiction of incorporation: Karachi.
• 👨‍💼 Key people: Muhammad Abid Khan is the Company Secretary.

🎯 Investment Thesis

Based on the limited information, a HOLD recommendation is appropriate. The acquisition of Pakistan Services Limited could present opportunities for Thatta Cement, but further analysis is needed to assess the financial impact and potential synergies. A price target cannot be determined without more detailed financial information and valuation analysis. The time horizon is medium-term, pending further developments and financial performance.