---
title: "Pakistan Cables approves sale of stake in Chinoy Engineering"
description: "Most outlets reported that Pakistan Cables Limited’s board approved the sale of its 17% stake in Chinoy Engineering & Construction to the company for approximately Rs350 million. Profit added the per-share price and noted the transaction is subject to approvals, while Business Recorder and ProPakistani focused primarily on the approval and the amount involved without additional details."
url: https://harzaviya.com/stories/6411-pakistan-cables-approves-sale-of-17-cecl-stake-for-rs350
site: HarZaviya
language: en
---

# Pakistan Cables approves sale of stake in Chinoy Engineering

business · latest filing 4 Sep 2026, 12:58 PM PKT · 4 Sep 2026 · 3 articles from 3 outlets

**HarZaviya summary** — how 3 outlets covered this, generated automatically from their headlines and excerpts:

> Most outlets reported that Pakistan Cables Limited’s board approved the sale of its 17% stake in Chinoy Engineering & Construction to the company for approximately Rs350 million. Profit added the per-share price and noted the transaction is subject to approvals, while Business Recorder and ProPakistani focused primarily on the approval and the amount involved without additional details.

## Same story from 3 outlets

Each outlet's own headline, most recent first — read any at its source.

- **ProPakistani** — [Pakistan Cables Board Approves Sale Of 17% Chinoy Engineering Stake](https://propakistani.pk/2026/09/04/pakistan-cables-board-approves-sale-of-17-chinoy-engineering-stake/) · 4 Sep 2026, 12:58 PM PKT
  > Pakistan Cables Limited has agreed to sell its entire 17 percent stake in Chinoy Engineering & Construction (Private) Limited to… Read More
- **Profit** — [Pakistan Cables approves sale of 17% CECL stake for Rs350 million](https://profit.pakistantoday.com.pk/2026/09/04/pakistan-cables-approves-sale-of-17percent-cecl-stake-for-rs350-million) · 4 Sep 2026, 11:40 AM PKT · 75% identical wording to the newest filing
  > Board accepts CECL offer to buy back Pakistan Cables’ entire 4.845mn-share holding at around Rs72.24 per share; transaction remains subject to corporate, regulatory and shareholder approvals
- **Business Recorder** — [Pakistan Cables approves CECL’s buy-back on entire stake for Rs350mn](https://www.brecorder.com/news/40437905/pakistan-cables-approves-cecls-buy-back-on-entire-stake-for-rs350mn) · 4 Sep 2026, 10:01 AM PKT · 81% identical wording to the newest filing
  > Pakistan Cables Limited’s board has approved the sale of its 17% stake in Chinoy Engineering & Construction (Private) Limited (CECL) to the company for approximately Rs350 million. PCAL informed the Pakistan Stock Exchange today. It said that it currently held 4,845,000 ordinary shares of Rs10 each in CECL, representing 17% of CECL’s issued and paid-up share capital. “CECL has offered to buy ba...

3 articles from 3 outlets, 4 Sep 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text.

---

HarZaviya compares how Pakistani outlets cover the same story. It stores and shows each outlet's headline and a short excerpt, and links out — it never copies article text, and every headline belongs to the outlet that wrote it. It takes no stance on any outlet.

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