Islamabad, Aug 23; As long as the company stays currently within the restrictions imposed by section 111 of the Securities Act of 2015, Fatima Fertilizer Company Limited (PSX: FATIMA) has decided to try to purchase ordinary shares, convertible preference shares, non-convertible preference shares, and other instruments (such as zero-coupon term finance certificates and zero coupon sukuks) and debt of Agritech Limited.
The stock filing mentioned that the board might eventually adopt a different board resolution allowing the purchase of up to majority voting shares, going beyond section 111 of the Securities Act of 2015.
The company’s main operations include the production, import, export, purchase, and sale of chemicals and fertilizers.
