Nishat Mills to Exit Dairy JV
Summary
Nishat Mills plans to divest its 49.10% stake in Nishat Sutas Dairy to partner Sutas at Rs 5 per share, pending shareholder and regulatory approvals.
Kind of disclosure: Partnership/JV
Read the original filingKey facts
- Divestment of 49.10% stake in NSDL
- Rs 5 per share
- Extraordinary General Meeting scheduled
- 2026-09-23
- Regulatory approvals pending
- Necessary for transaction completion
- Market conditions affecting financial position
- Dairy industry challenges
Nishat Mills Limited (NML) on Nafa
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More NML announcements
- NoticeCREDIT OF 20% FINAL CASH DIVIDEND
- NoticeNotice of Extra Ordinary General Meeting
- NoticeTransmission of Quarterly Financial Statements for the period ended September 30,2026
- Financial resultNishat Mills Limited reported a strong increase in net profit to Rs 1.58 billion for the quarter ended 30 September 2026Filed as: Financial Results for the 1st Quarter ended September 30, 2026
- NoticeFilling of Certified Copy of Resolutions Passed by the Shareholders in their Annual General Meeting (AGM)
- NoticeBOARD MEETING
Source: Nishat Mills Limited's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.