Karachi: OM International (Private) Limited has issued a public announcement of its intention to acquire a controlling interest in Grays Leasing Limited, a move that could significantly alter the landscape of the leasing sector in Pakistan. The announcement, made on July 29, 2025, outlines the Acquirer's plans to purchase up to 75.43% of the shares in the Target Company.

Darson Securities (Private) Limited, acting as the Manager to the Offer, made the announcement on behalf of OM International. This initiative is conducted under the framework of the Securities Act, 2015, and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017. The specifics of the offer will be made available in one English and one Urdu newspaper within two working days, with a copy of the published announcement to be submitted to the relevant authorities.

According to information available from the Pakistan Stock Exchange (PSX), the acquisition of such a substantial shareholding could lead to a Very large or significant move in Grays Leasing Limited's share price. The market's response to this development will be closely monitored, as it could have implications for stakeholders across the industry.

Darson Securities has confirmed its appointment as the Manager to the Offer in compliance with the regulatory requirements. This role includes overseeing the acquisition process and ensuring adherence to the pertinent regulations governing substantial acquisitions and takeovers.

The designated market category for this acquisition falls under the financial services sector, specifically focusing on leasing services. As the situation develops, further updates and details are expected to emerge, shedding light on the potential impacts of this acquisition on both companies involved and the broader market.