Lahore: OM International (Pvt.) Ltd has formally announced its intention to acquire shares and take control of Grays Leasing Limited. This development was disclosed through a public announcement published in prominent newspapers 'The Nation' and 'Jehan Pakistan' on July 31, 2025. The announcement was made in accordance with Regulation 6(5) of the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017.
The public announcement marks a key step for OM International as it seeks to expand its portfolio in the financial services sector. The compliance with regulatory standards suggests a strategic approach to the acquisition process. The publication of the announcement aims to inform stakeholders and the general public about the potential change in control of Grays Leasing Limited.
According to information available from the Pakistan Stock Exchange (PSX), the acquisition move has been categorized as a Big move. This reflects the potential impact on the financial and operational structure of Grays Leasing Limited, given the scale and scope of the transaction.
Stakeholders and investors are advised to stay informed as the acquisition process unfolds. The compliance with regulatory announcements indicates a commitment to transparency and adherence to market regulations. Further details and clarifications can be sought from OM International as the acquisition process progresses. Copies of the original announcements in the newspapers are available for reference to provide additional information on the matter.