Karachi: Cherat Cement Company Limited has formally declared its intention to acquire a significant stake in Nimir Industrial Chemicals Limited, according to a report released on September 14, 2026. The announcement has been disseminated to the public through major newspapers, marking a pivotal moment in the industrial chemicals sector.

The intention to acquire at least 30% of Nimir Industrial Chemicals Limited, which translates to 33,177,164 shares, was publicly announced on Sunday, September 12, 2026. This development has been communicated to stakeholders via publications in the daily Business Recorder and Nawa-e-Waqt newspapers. The move adheres to the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017, a critical regulatory framework governing substantial acquisitions in the market.

According to information available from the Pakistan Stock Exchange (PSX), this potential acquisition places Cherat Cement Company Limited in a strategic position to expand its footprint within the industrial chemicals domain. The public announcement serves as a formal declaration of Cherat Cement's intent, aligning with regulatory requirements and providing transparency to investors and the market at large.

The acquisition plan underscores Cherat Cement's objectives to diversify its portfolio and leverage synergies within the industrial chemicals industry. The outcome of this acquisition will be closely watched by market analysts and investors, given its potential impact on both Cherat Cement and Nimir Industrial Chemicals Limited. The market category for this transaction falls under industrial chemicals, a sector that continues to play a significant role in the regional economy.