Karachi: A public announcement has been made regarding the acquisition of a majority stake in Bela Automotive Limited, signaling a significant development in the automotive sector. On March 18, 2025, the intention to acquire 2,901,100 ordinary shares, representing 50.02% of the total ordinary shares and control of Bela Automotive Limited, was officially declared. This move is governed under the Securities Act, 2015, and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulation 2017.

The acquirer, through M/s Adam Securities Limited, has confirmed the public announcement of intention (PAI) to acquire the shares, which comprise a substantial portion of the company's total paid-up ordinary shares amounting to 5,800,000. The public notice was disseminated in both Urdu and English newspapers on March 20, 2025, ensuring broad visibility of the acquisition plans.

According to information available from the Pakistan Stock Exchange (PSX), the acquisition intends to secure a controlling interest in Bela Automotive Limited. M/s Adam Securities Limited has been appointed as the Manager to the Offer by the acquirer, in line with regulation 6 (1) of the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulation 2017. This step marks a pivotal moment for stakeholders and investors associated with Bela Automotive Limited, as it may impact the company's market dynamics and performance within the automotive sector.