SPCL: Saudi Pak Divests Stake in Consultancy Arm
Summary
Saudi Pak accepts bid from JD Taurus for divestment of shares in SPCL, pending regulatory approvals.
Kind of disclosure: Other
Read the original filingKey facts
- Divestment of shares in SPCL
- 15,835,403 ordinary shares
- Preference shares included in sale
- 33,320,850 preference shares
- Successful bid by JD Taurus
- Bid approved by Board
- Regulatory approvals pending
- SECP and PSX involved
- Bidding conducted on 14th October
- 2026-10-14
More SPCL announcements
- Material informationAcquisition Offer Period Extended for SPCLIGI Finex Securities announces a 90-day extension for the acquisition offer of SPCL shares by Syed Sabur Rehman, pending regulatory approvals.
- Material informationTimeline Extension for JD Taurus AcquisitionJD Taurus extends timeline for acquiring 35.06% of SPCL shares, pending regulatory approval.
- NoticeFull Transmission of Quarterly Report for the Period Ended 30-09-2026
- Financial resultSaudi Pak Consultancy Company Limited reported a net loss of Rs 15.51 million for the quarter ended September 30, 2026Filed as: Financial Results for the Quarter Ended
- Financial resultSaudi Pak Consultancy Company Limited reported a significant net loss of Rs 15.51 million for the quarter ended September 30Filed as: Financial Results for the Quarter Ended
- NoticeResolution Passed in the 36th AGM of SPCL held on 21st October 2026
Source: SPCL'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.