Karachi: Kot Addu Power Company Limited, in conjunction with Attock Cement Pakistan Limited, has announced a strategic move that could reshape its future operations. According to a report dated August 11, 2026, Attock Cement, an associated company in which Kot Addu Power holds a 46% share, publicly disclosed its Board of Directors' decision to explore the feasibility of merging with Fauji Cement Company Limited. This disclosure was made through PUCARS and marks a significant potential shift in the operational landscape of both companies.

In a meeting held on August 11, 2026, the Board of Directors of Kot Addu Power Company Limited also outlined several key decisions. They recommended a final cash dividend of Rs. NIL per share for the year ending June 30, 2026, in addition to an interim dividend already paid at Rs. 0.50 per share, representing a 5% payout. The Board refrained from issuing any bonus or right shares during this period.

The Board's agenda also included a proposal to relocate the company's registered office from Karachi, Sindh, to Rawalpindi, Punjab. This move is contingent upon shareholder approval via a Special Resolution during the forthcoming Annual General Meeting, scheduled for September 22, 2026, in Karachi. The shift is aimed at aligning the company's operational base with its strategic objectives.

The financial results for the year ended June 30, 2026, were presented alongside these announcements. According to information available from the Pakistan Stock Exchange (PSX), these developments signal a potential restructuring phase for Kot Addu Power Company Limited.

Shareholders of Kot Addu Power Company Limited are advised to note that the company’s share transfer books will be closed from September 15, 2026, to September 22, 2026, inclusive. Transfers submitted to M/s Famco Share Registration Service (Pvt.) Ltd. by September 14, 2026, will be eligible for consideration in the dividend distribution.

The company intends to disseminate its Annual Report through PUCARS at least 21 days before the Annual General Meeting, ensuring stakeholders have ample time to review the details and prepare for the meeting.