Karachi: Hascol Petroleum Limited announced that its board of directors is set to review an offer from the National Bank of Pakistan (NBP) regarding the restructuring and rescheduling of its financing facilities. The offer letter, dated January 29, 2026, marks a significant development for the company, which is actively engaged in restructuring its financial framework.

The company’s disclosure, dated February 2, 2026, complies with the requirements of Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Rule Book. The terms of the offer from NBP will be scrutinized by the board for consideration and potential acceptance, with the decision to be communicated to both the PSX and the Securities and Exchange Commission of Pakistan.

According to information available from the Pakistan Stock Exchange (PSX), this move represents a critical step in the ongoing efforts by Hascol Petroleum’s management to restructure and streamline its financial obligations. The involvement of a prominent financial entity like NBP underscores the bank’s confidence in Hascol’s strategic direction and future prospects.

The management, alongside the board of directors, remains committed to sustaining sound governance and financial discipline, aiming to bolster the company’s financial health and generate long-term value for shareholders. This announcement is intended to inform both the company’s members and the general public, with further communication directed to the TRE Certificate holders of the exchange.