Karachi: Pakistan Services Limited has announced that it is in negotiations to undertake a restructuring process as part of efforts to resolve ongoing legal proceedings. The development comes after the public disclosure by Thatta Cement Company Limited on September 10, 2026, concerning the proposed restructuring.
According to information available from the Pakistan Stock Exchange (PSX), the restructuring aims to amicably settle a matter currently before the Islamabad High Court, identified as Companies Original No.17 of 2025. The proposed restructuring, once finalized, will be communicated through definitive agreements to the PSX and other relevant authorities.
The Company has emphasized its commitment to transparency and legal compliance, stating that any material developments requiring disclosure under applicable laws will be duly communicated to the Exchange. This measure ensures that all stakeholders are kept informed in line with the legal and regulatory framework governing such corporate actions.
Stakeholders, including TRE Certificate Holders, have been advised to stay updated with any new information that may arise from this restructuring initiative.