NESTLE · Nestle Pakistan Limited
Intimation of Exemption from Consolidation of Financial Statements of Nestle Pakistan Limited (Holding Company) with Waters and Premium Beverages PK (Private) Limited (Subsidiary) under Section 228(7) of the Companies Act, 2017
- Filed
- 8 October 2026 at 2:20 pm
- Category
- Other
- Sentiment
- Neutral
- Impact
- Medium
AI executive summary
Nestle Pakistan Limited has announced that the SECP has granted the company an exemption under Section 228(7) of the Companies Act, 2017 from preparing and presenting consolidated financial statements with its wholly-owned subsidiary, Waters and Premium Beverages PK (Private) Limited, for the nine-month period ended September 30, 2026 and the year ending December 31, 2026.
Key takeaways
- SECP granted Nestle Pakistan Limited an exemption from preparing consolidated financial statements with its subsidiary, Waters and Premium Beverages PK (Private) Limited.
- The exemption covers the nine-month period ended September 30, 2026 and the year ending December 31, 2026.
- The exemption is subject to conditions including the disclosure of the subsidiary's financial highlights in the company's standalone financial statements.
Filing details
Financial results
Other · Unaudited
- Obtained SECP exemption under Section 228(7) of the Companies Act, 2017 from consolidating financial statements with subsidiary Waters and Premium Beverages PK (Private) Limited for the nine-month period ended September 30, 2026 and the year ending December 31, 2026.
Dividend and entitlement
- Type
- None
- Notes
- The document is a material information notice regarding an exemption from preparing consolidated financial statements and contains no dividend or entitlement details.
- #exemption
- #consolidation
- #secp
- #subsidiary
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.