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HomeBusinessFAUJI FERTILIZER COMPANY AUR FAUJI FERTILIZER BIN QASIM LIMITED MERGER: NAI SHURUAT...

FAUJI FERTILIZER COMPANY AUR FAUJI FERTILIZER BIN QASIM LIMITED MERGER: NAI SHURUAT KE SATH AHEM FAISLAY MANZOOR

Fauji Fertilizer Company Limited (FFC) ki 230th Board of Directors Meeting mein Company ka Business Plan 2025 manzoor kar liya gaya. Iske ilawa, Lahore High Court ke Rawalpindi Bench ke sanction ke mutabiq 26 September 2024 ke “Scheme of Arrangement” ke tehat FFC aur Fauji Fertilizer Bin Qasim Limited (FFBL) ke merger ke hawale se kuch ahem faislay kiye gaye.

Khas Faislay:

  1. Share Allotment:
    FFC ke Board ne faisla kiya hai ke FFBL ke eligible shareholders (jin mein Company ya uske nominees shaamil nahi honge) ko Record Date (26 December 2024) ke mutabiq 150,870,449 ordinary shares allocate kiye jayenge. Ye shares swap ratio ke tehat milenge, jo hai 1 FFC share ke badle 4.29 FFBL shares. Fractional shares ki adjustment bhi ki jayegi.

  2. Fractional Shares ka Bandobast:
    Scheme ke mutabiq fractional entitlements (jo 1 share se kam hongi) consolidate kar ke FFC ke naam allot kye jayenge. Ye shares trust mein rakhe jayenge aur unhe dispose kar ke proceeds registered charitable institution ko donate kiye jayenge.

Board ne management ko ye bhi ikhtiyar diya hai ke Scheme ke mutabiq tamam formalities aur post-merger completion steps mukammal karein.

Yeh merger Pakistan ke fertilizer industry mein ek ahem qadam hai jo shareholders aur industry ke stakeholders ke liye ek positive development sabit ho sakta hai.

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