Fauji Fertilizer Issues 15.9 Million Shares to Fauji Foundation

Fauji Fertilizer Company Limited (FFC) has announced the completion of the issuance of 15,914,566 ordinary shares to Fauji Foundation through a mechanism other than a rights offer, following approvals from shareholders and regulators.

In a notice to the Pakistan Stock Exchange (PSX), the company said the share issuance was part of a previously disclosed transaction under which FFC agreed to issue new shares to Fauji Foundation as consideration for the acquisition of 214,687,500 ordinary shares of FFBL Power Company Limited held by Fauji Foundation.

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Shareholders approved the transaction at an extraordinary general meeting held on December 8, 2025, while the Securities and Exchange Commission of Pakistan (SECP) granted its approval on January 5, 2026.

After the issuance, Fauji Foundation’s shareholding in FFC has increased to 637,778,197 shares, representing approximately 44.32 percent of the company’s issued and paid-up capital.

As a result of the transaction, FFC’s total issued shares rose from 1,423,108,696 to 1,439,023,262.

The company confirmed that the share issuance and acquisition have now been completed.