karachi: Attock Refinery Limited has disclosed that it has received an offer from Mr. Shuaib A. Malik, the company's Chairman and Director, to acquire a significant stake in its subsidiary. The proposed transaction involves the acquisition of a 70% shareholding in Attock Hospital (Private) Limited, an unlisted entity under the refinery's corporate umbrella. The announcement was made on June 17, 2026.

According to information available from the Pakistan Stock Exchange (PSX), the details of the offer are set to be reviewed by the Board of Directors of Attock Refinery Limited. The company's statement emphasized that the offer is subject to consideration and approval by the board, alongside the necessary regulatory endorsements.

Clause 5.6.1 of the Rule Book of the PSX, along with Sections 96 and 131 of the Securities Act, 2015, necessitates such disclosures. The potential transaction will require the finalization of terms, execution of agreements, and the receipt of corporate and regulatory approvals before any further progression.

The company assured stakeholders that it will keep the exchange and shareholders informed of any material developments. The TRE Certificate Holders of the Exchange have also been advised to take note of this disclosure.