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Fauji Foundation acquires 19.7pc voting shares in PSEL

Pakistan Published 4 November 2026, 05:25 · archived 4 Nov 2026

KARACHI: Fauji Foundation has disclosed the acquisition of 19.70 percent of the voting shares in Pakistan Services Limited (PSEL), the owner and operator of the Pearl Continental Hotels chain, the company informed Pakistan Stock Exchange (PSX) in a material information disclosure. Pakistan Services said it had received a letter dated November 2, from Fauji Foundation, which made the disclosure under Section 110 of the Securities Act, 2015, read with Regulation 4(2) of the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017. The company submitted the info...

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