KARACHI: ICI Pakistan Limited on Tuesday announced 51 per cent shareholding and making NutriCo Pakistan (Private) Limited its subsidiary.
In a communication to Pakistan Stock Exchange (PSX), the company said that ICI Pakistan Limited had successfully completed the acquisition of 55,013 ordinary shares (equivalent to 11 per cent shareholding) of NutriCo Pakistan (Private) Limited.
Following the acquisition, the total shareholding of ICI Pakistan Limited in NutriCo Pakistan (Private) Limited stands 51 per cent, making NutriCo Pakistan (Private) Limited a subsidiary of ICI Pakistan Limited.
