Lahore: CCL Holding Private Limited has successfully completed the acquisition of 6,007,632 ordinary shares of Mitchells Fruit Farms Limited, constituting 26.26% of the company's issued and paid-up capital. The acquisition process, managed by Arif Habib Limited, was finalized in accordance with the Securities Act 2015 and the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017.
The initial Public Announcement of Intention concerning the acquisition was published on November 15, 2025, in the Business Recorder and Nawa-i-Waqt newspapers. Following this, a Public Announcement of Offer was made on July 28, 2025, and published on July 30, 2025, in the same publications. The offer acceptance period concluded on September 22, 2025.
According to information available from the Pakistan Stock Exchange (PSX), the Acquirer was obliged to fulfill all related formalities, including the dispatch of payment to shareholders for the shares tendered within ten days following the end of the acceptance period. Arif Habib Limited, acting as the Manager to the Offer, has confirmed that CCL Holding Private Limited has met all required obligations under the Takeover Regulations. Payments have been dispatched to all shareholders who participated in the Public Offer by tendering their shares.