ISLAMABAD: Fauji Fertilizer Company Limited (FFC) has announced a significant internal restructuring move to acquire full ownership of FFBL Power Company Limited (FPCL) — its associated entity — through a share swap arrangement with the Fauji Foundation.
According to a notice submitted to the Pakistan Stock Exchange (PSX), FFC’s Board of Directors has approved the acquisition of 214,687,500 ordinary shares of FPCL, representing 25% of its paid-up capital, from Fauji Foundation.
In exchange, FFC will issue 15,914,566 new ordinary shares to Fauji Foundation — not through a right offer and for consideration other than cash.
The deal is subject to approval from FFC shareholders and the Securities and Exchange Commission of Pakistan (SECP).
📅 Extraordinary General Meeting on December 8
FFC has scheduled an Extraordinary General Meeting (EOGM) for December 8, 2025, where shareholders will vote on:
-
Approval of the share-swap transaction
-
Investment in another group company, Agritech Limited
-
Amendments to the Articles of Association
Once finalized, FFC will own 100% of FPCL, consolidating its position in the power and energy sector.
Following the transaction, Fauji Foundation’s shareholding in FFC will increase to 44.14%.
⚙️ Operational Synergies and Financial Impact
FFC said the restructuring will:
-
Enhance synergies between its fertilizer and power operations
-
Improve efficiency at Port Qasim plants
-
Deliver greater shareholder value through higher dividends and cost savings
The share swap ratio was determined by KPMG Taseer Hadi & Co, based on a three-month average market price of Rs. 461.56 per share, while the latest FFC share price stood at Rs. 489.44.
🔹 Key Takeaways
-
FFC to acquire remaining 25% stake in FPCL from Fauji Foundation
-
Transaction through share swap, not cash
-
Fauji Foundation’s ownership in FFC will rise to 44.14%
-
EOGM scheduled for December 8, 2025
فوجی فرٹیلائزر کمپنی نے ایف ایف بی ایل پاور کمپنی میں 100 فیصد شیئر حاصل کرنے کا فیصلہ کرلیا
فوجی فرٹیلائزر کمپنی لمیٹڈ (FFC) نے اپنے گروپ کے اندر بڑے تنظیمی اقدام کے تحت ایف ایف بی ایل پاور کمپنی لمیٹڈ (FPCL) کے تمام حصص حاصل کرنے کا اعلان کیا ہے۔
یہ معاہدہ فوجی فاؤنڈیشن کے ساتھ شیئر سویپ اسکیم کے تحت کیا جائے گا، جس میں ایف ایف سی نئے حصص جاری کرے گی جبکہ ایف پی سی ایل کے 25 فیصد حصص فوجی فاؤنڈیشن سے حاصل کرے گی۔
کمپنی کے مطابق یہ اقدام توانائی کے شعبے میں یکجتی اور کارکردگی میں بہتری لانے کے لیے کیا جا رہا ہے۔
