First Treet Manufacturing Modaraba has received a No Objection Certificate (NOC) from the Securities and Exchange Commission of Pakistan (SECP) for its proposed merger with Treet Packaging Limited.
- The merger is part of a corporate restructuring plan announced previously on October 15, 2025.
- The SECP's approval is conditional, requiring fulfillment of specified terms in their letter.
- This merger aims to streamline operations and enhance business synergies between FTMM and TPL.
- The announcement is expected to positively influence investor sentiment regarding the future prospects of the combined entity.