Karachi: Pakistan Services Limited has issued a clarification following the recent announcement by Thatta Cement Company Limited regarding a definitive agreement with Fauji Foundation. The report, dated November 12, 2026, comes in light of the disclosure made by Thatta Cement Company Limited on November 11, 2026.

The reported agreement pertains to the proposed restructuring of Pakistan Services Limited. However, the company has stated that it neither has been notified nor is aware of any such agreement being executed between Thatta Cement Company Limited and Fauji Foundation. Consequently, Pakistan Services Limited is not a party to the definitive agreement that was mentioned in the prior disclosure.

According to information available from the Pakistan Stock Exchange (PSX), Pakistan Services Limited affirmed its commitment to make necessary disclosures to the exchange. These disclosures will be in line with statutory and regulatory requirements, should any development occur or if the company becomes aware of information that requires public disclosure.

The company's announcement underscores the importance of accurate communication in matters involving corporate restructuring and regulatory compliance. The market, categorized under the designated market category, will be closely monitoring any further updates on this matter.