Islamabad January 29 2025: Fauji Fertilizer Company’s cash position rose significantly to PKR 238 billion following its merger with its subsidiary, Fauji Fertilizer Bin Qasim.
Last year company holds PKR 103 billion in cash and short term investments.
This year Company took a major step forward in expansion through merger of Fauji Fertilizer Bin Qasim Limited (FFBL) with and into Fauji Fertilizer Company Limited (FFC), by way of a Scheme of Arrangement as sanctioned by the Lahore High Court, Rawalpindi Bench, effective July 01, 2024. FFBL Board stands dissolved and the Board of FFC continues its oversight role as the Board of the merged entity.