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Hi-Tech Lubricants LimitedHTL

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Hi-Tech Lubricants Limited: Material Information: Incorporation of new wholly owned subsidiary HTSPL

Material InformationPOSITIVE

Key facts

Authorized Share Capital
PKR 10,000,000, divided into 1,000,000 ordinary shares of PKR 10 each.
Paid-up Share Capital
PKR 1,000,000, divided into 100,000 ordinary shares of PKR 10 each.

Hi-Tech Lubricants Limited has announced the incorporation of a new wholly owned subsidiary, Hi-Tech Synthetics and Packages (Private) Limited, following a corporate restructuring of its Polymer Business Segment.

  • The Securities and Exchange Commission of Pakistan issued the Certificate of Incorporation on October 26, 2026.
  • Authorized Share Capital: PKR 10,000,000, divided into 1,000,000 ordinary shares of PKR 10 each.
  • Paid-up Share Capital: PKR 1,000,000, divided into 100,000 ordinary shares of PKR 10 each.
  • Hi-Tech Lubricants Limited holds 99.98% of the shares, with the remaining shares held by two Nominee Directors.
  • The new subsidiary will manage the carved-out Polymer Business Segment, indicating a strategic focus on this area.
Original filing (PDF)
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About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange, per our editorial policy and data methodology. A summary for information, not investment advice — the original filing is the authoritative record.

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