Cherat Cement targets 30% stake in Nimir Industrial Chemicals

PSX Update • Sep 10, 2026

Cherat Cement Company Limited's (PSX:CHCC) Board has approved the appointment of KTrade Securities Limited as Manager to the Offer, for submitting the Public Announcement of Intention to Acquire at least 30% (33,177,164 shares) of Nimir Industrial Ch

September 10, 2026 (MLN): Cherat Cement Company Limited's (PSX:CHCC) Board has approved the appointment of KTrade Securities Limited as Manager to the Offer, for submitting the Public Announcement of Intention to Acquire at least 30% (33,177,164 shares) of Nimir Industrial Chemicals Limited, held by majority shareholders. The appointment was made in accordance with Sections 96 and 131 of the Securities Act, 2015, an...