Fauji Foundation has acquired a 19.70% voting stake in Pakistan Services Limited, though it currently has no nominee on the company’s board. The purchase was disclosed in a company statement issued on November 3, 2026.
The share purchase
The Rawalpindi-based charitable trust bought 6,406,797 voting shares on November 2, 2026, paying Rs1,022.42 for each share. Its total holding following the transaction matches the number of shares purchased.
- Buyer: Fauji Foundation, a charitable trust.
- Shares purchased: 6,406,797 voting shares.
- Purchase price: Rs1,022.42 per share.
- Voting stake after the purchase: 19.70%.
- Company’s stock exchange symbol: PSEL.
Disclosure and board representation
Pakistan Services received a letter from Fauji Foundation dated November 2 informing it of the acquisition. The company forwarded that notification to the exchange on November 3.
The disclosure states that no persons acted in concert with Fauji Foundation in making the acquisition. It also confirms that the trust has no nominee director on the Pakistan Services board at present.
