Pakistan Fauji Cement Limited has formally notified the Pakistan Stock Exchange of its plan to acquire a stake in Attock Cement. According to a material information update, Integrated Equities Limited, the manager of the offer, has applied for a 90-day extension of the deadline for the announcement of the tender offer, with a new deadline set for March 1, 2026.
The acquisition was carried out by Fauji Cement in association with Koteadu Power. Cote Adu Power has replaced Fauji Foundation as the co-acquirer of the acquisition, according to a supplementary agreement issued on November 6, 2025. The request for extension is made in accordance with the relevant provisions of the Companies Act and the rules of the Pakistan Stock Exchange in order to allow more time for the finalisation of the formal offer.
The acquisition target, Attock Cement Pakistan Limited, has a solid industrial base. The company was established in 1981 with an initial capital investment of Rs. 1.5 billion with a foreign exchange component of US $45 million and a clinker production capacity of 2,000 tons per day when it was put into operation in 1988. After continuous expansion and upgrading, especially after the addition of new production lines in fiscal year 2017-18, its annual production capacity has been significantly increased to 3 million tons. The plant is located in the Khubu region of Balochistan and currently operates three production lines with significant scale advantages. If
the acquisition is completed, it will effectively strengthen the market position of Fauji Cement in Pakistan's cement industry, achieve synergies through the integration of high-quality production capacity, and enhance the overall competitiveness.
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