FFCL to acquire 25% stake in FPCL from Fauji Foundation

Fauji Fertilizer Company Limited (FFCL) has announced plans to acquire the remaining 25% shareholding in its associated company, FFBL Power Company Limited (FPCL), from its parent entity, Fauji Foundation, via a share-swap arrangement. FFCL disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Tuesday. “We wish to inform the exchange of the decision of the Board of Directors of FFCL, who at their meeting held on November 10, 2025, have approved to recommend for shareholders’ approval, the investment, by way of acquisition of 214,687,500 ordinary voting shares (representing 25% of the paid up capital) of an associated company, i.e. FFBL Power Company Limited, from the company’s parent entity, Fauji Foundation (FF), and in consideration whereof, issue 15,914,566 further ordinary shares of the company to FF, by way of other than right offer,” read the notice.