Karachi: Kot Addu Power Company Limited, in conjunction with Fauji Cement Company Limited, has successfully completed the acquisition of a significant equity stake in Attock Cement Pakistan Limited, according to a disclosure made on April 27, 2026. The acquisition, which has been finalized in line with the sale and purchase agreement (SPA) originally established on January 30, 2026, involves the purchase of 84.06% of Attock Cement's total issued and paid-up capital.

The transaction was executed on April 24, 2026, after meeting all contractual conditions and complying with corporate and regulatory requirements, including those stipulated under the Securities Act, 2015, and the Listed Companies (Substantial Acquisitions of Voting Shares and Takeovers) Regulations, 2017. The completion of the transaction was communicated to the Pakistan Stock Exchange Limited, the Target, and the Securities and Exchange Commission of Pakistan via a letter dated April 17, 2026.

According to information available from the Pakistan Stock Exchange (PSX), the Purchasers have acquired an additional 7.97% shareholding in Attock Cement through a mandatory tender offer, thereby raising their total holding to approximately 92.03% of the company's issued ordinary share capital. This acquisition marks a significant move in the cement sector, with Attock Cement engaged in the manufacturing and sale of cement.

Kot Addu Power Company Limited has ensured the dissemination of this material information in accordance with Sections 96 and 131 of the Securities Act, 2015, and as per the requirements of the Pakistan Stock Exchange.