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LUCK · Lucky Cement Limited

Lucky Cement Consortium Pre-Qualified for Acquisition of 51%-100% Stake in IESCO

Official PSX filing title: Material Information

Filed
27 October 2026 at 12:40 pm
Category
Material
Sentiment
Good
Impact
High

Executive summary

Lucky Cement Limited, as part of a consortium with Hub Power Holdings, Kohat Cement, and Metro Ventures, has been pre-qualified and shortlisted by the Privatisation Commission to conduct due diligence for the potential acquisition of a 51% to 100% equity stake and management control in Islamabad Electric Supply Company (IESCO). No binding commitments have been entered into at this stage as the consortium proceeds with a comprehensive due diligence review.

Key takeaways

  • Lucky Cement joined a consortium with Hub Power Holdings, Kohat Cement, and Metro Ventures.
  • Consortium pre-qualified to bid for 51% to 100% stake in Islamabad Electric Supply Company (IESCO).
  • Due diligence process is underway with no binding commitments yet made.
  • #lucky cement
  • #iesco
  • #privatisation
  • #acquisition
  • #consortium

Please cross-check with the official PSX filing before making an investment decision.