Karachi: Adam Securities Limited announced the publication of a Public Announcement of Offer (PAO) concerning the acquisition of a controlling stake in Bela Automotive Ltd. by Mr. Amir Noman. The announcement, dated May 19, 2025, details the acquisition of 50.02% of the company's ordinary shares, amounting to 2,901,100 shares. This acquisition was initially disclosed on the Pakistan Stock Exchange portal on May 16, 2025.

The PAO has been disseminated in compliance with the regulatory requirements outlined in the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017. The announcement was published in widely circulated newspapers, Daily Times and Roznama Dunya, on May 17, 2025, to inform stakeholders about the significant transaction.

According to information available from the Pakistan Stock Exchange (PSX), the acquisition by Mr. Amir Noman marks a significant transaction in the designated market category. Stakeholders and interested parties are advised to refer to the published advertisements for further details regarding the acquisition.

For additional information concerning the transaction, stakeholders are encouraged to reach out to Adam Securities Limited. The acquisition represents a pivotal development in the corporate landscape, aligning with regulatory frameworks set forth by relevant authorities.