Mitsubishi Corporation has agreed to sell its entire 11.007 percent stake in Engro Polymer & Chemicals Limited, marking a potential exit from the Pakistani company.
According to a disclosure submitted to the Pakistan Stock Exchange, the Japanese firm has signed a share purchase agreement for the sale of 100,053,562 shares, subject to regulatory and corporate approvals.
The shares are being sold to Liberty Daharki Power Limited and Seagreen Enterprises Private Limited through direct negotiations, as stated in the company’s official communication dated February 16, 2026.
The transaction remains conditional upon completion of certain prerequisites, including necessary approvals from relevant authorities and fulfillment of agreed conditions under the share purchase agreement.
Engro Polymer said it will keep the exchange informed of any further developments related to the transaction, as the process moves toward completion.