Cherat Cement to acquire 13% stake in Nimir Industrial Chemicals
A 13.07% stake in Nimir Industrial Chemicals Limited (PSX: NICL) is set to move to Cherat Cement Company Limited under a Share Purchase Agreement (SPA) signed on October 30, 2026, at Rs340 per share.
November 03, 2026 (MLN): A 13.07% stake in Nimir Industrial Chemicals Limited (PSX: NICL) is set to move to Cherat Cement Company Limited under a Share Purchase Agreement (SPA) signed on October 30, 2026, at Rs340 per share. The sellers are Mr. Nadeem Nisar and Mrs. Shaheen Nadeem, both substantial shareholders of NICL. They are selling a combined 14,457,000 ordinary shares, representing approximately 13.07% of the...