Pakistan Mercantile Exchange Limited (PMEX) has acquired a majority shareholding in Naymat Collateral Management Company Limited (NCMCL), making the company a subsidiary of the exchange.
According to an announcement issued on May 11, 2026, the acquisition was approved by PMEX’s board of directors and completed after receiving regulatory clearance from the Securities and Exchange Commission of Pakistan (SECP).
NCMCL provides collateral management and warehousing services used in commodity trading, particularly for agricultural products. The acquisition comes as PMEX prepares to expand trading in physically deliverable agricultural commodities.
The exchange has already listed commodities such as wheat, rice, sugar, and maize for trading within its regulated market framework.
PMEX stated that the move is aimed at strengthening storage and collateral systems required for commodity transactions linked to physical delivery of goods.
