Engro and Dawood Hercules Corporation Agree on Restructuring Plan

In a significant development, Engro Corporation Ltd (Engro Corp) and Dawood Hercules Corporation Ltd (DH Corp) have given initial approval to a restructuring plan aimed at optimizing investment opportunities within the enterprise.

The proposal, subject to final board and shareholder approvals, has been formally communicated to the PSX on Monday.

This strategic restructuring aims to synergize investment efforts between Engro Corp and DH Corp, promising enhanced avenues for investment within the enterprise.

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