Karachi: Arif Habib Limited has been designated as the Manager to the Offer by Alpha Cement Company Limited, which is set to acquire a substantial stake in Attock Cement Pakistan Limited. The acquisition, announced on June 5, 2025, involves 84.06% of the ordinary shares of Attock Cement Pakistan Limited, marking a significant transaction in the cement industry.

The acquisition process is being conducted in accordance with the Securities Act 2015 and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017. This strategic move by Alpha Cement Company Limited aims to expand its influence and operational capabilities within the Pakistani cement sector.

According to information available from the Pakistan Stock Exchange (PSX), the transaction reflects a calculated effort by Alpha Cement Company Limited to consolidate its position in a competitive market landscape. The designated market category for this transaction is the cement industry, which has been a pivotal sector in Pakistan's economic framework.

The Public Announcement of Intention regarding this acquisition will be published in both English and Urdu language newspapers, ensuring broad dissemination of the information. Stakeholders and interested parties are encouraged to reach out to Arif Habib Limited for further details or clarifications regarding the acquisition process.

This development represents a notable event in the corporate activities of the cement industry and underscores the dynamic changes occurring within the sector.