Karachi: Dadex Eternit Limited has disclosed a significant corporate development involving the disposal of its immovable property. According to a report dated June 1, 2026, Dadex Eternit Limited, with its head office located at 34-A/1, P.E.C.H.S., Block 6, Karachi, has officially entered into an agreement with Mr. Aqeel Karim Dhedhi for the sale of its property situated at Plot No. Deh-22, Manghopir, Karachi-75890. The transaction is valued at Rs. 800 million.

The disclosure of this material information is in compliance with Sections 96 and 131 of the Securities Act, 2015, alongside the provisions outlined in Clause 5.6.1 of the Rule Book of the Pakistan Stock Exchange Limited. This move has been formally communicated to the TRE Certificate Holders of the Exchange.

According to information available from the Pakistan Stock Exchange (PSX), the transaction was approved by the shareholders of Dadex Eternit Limited. However, it remains subject to the completion of necessary corporate and regulatory formalities. The company has assured that shareholders will be informed in accordance with applicable regulatory requirements once the transaction is completed.

The disclosure was signed by Muhammad Yousuf, the Company Secretary of Dadex Eternit Limited. The company has made it clear that the completion of the transaction will follow the procedural guidelines as mandated by the regulatory framework governing such corporate actions. The market and shareholders await further updates on the successful execution of the transaction.