Engro Polymer & Chemicals Limited has disclosed that Engro Corporation Limited has entered into a share purchase agreement with Lotte Chemical Pakistan Limited for the sale of its entire shareholding in the company.
- Engro Corp will transfer its complete stake in Engro Polymer to Lotte Chemical.
- The transaction's completion is contingent upon regulatory approvals and other conditions outlined in the agreement.
- This move follows a prior disclosure made on March 10, 2026, regarding potential changes in shareholding.
- The company will provide further updates as the situation develops.