---
title: "Cherat Cement seeks to acquire 30% stake in Nimir Industrial Chemicals"
description: "Most outlets led with the announcement that Cherat Cement aims to acquire at least 30% of Nimir Industrial Chemicals through the purchase of 33.18 million shares. Business Recorder highlighted the company’s status as a major player in Pakistan’s cement industry. The proposed deal is subject to due diligence, final terms, and approvals, and NICL’s recent financial performance, including a Rs2.39 billion profit for FY26, was noted in passing."
url: https://harzaviya.com/stories/7705-cherat-cement-seeks-to-acquire-30-stake-in-nicl
site: HarZaviya
language: en
---

# Cherat Cement seeks to acquire 30% stake in Nimir Industrial Chemicals

business · updated 10 Sep 2026, 7:44 PM PKT · 10 Sep 2026 · 3 articles from 3 outlets

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

> Most outlets led with the announcement that Cherat Cement aims to acquire at least 30% of Nimir Industrial Chemicals through the purchase of 33.18 million shares. Business Recorder highlighted the company’s status as a major player in Pakistan’s cement industry. The proposed deal is subject to due diligence, final terms, and approvals, and NICL’s recent financial performance, including a Rs2.39 billion profit for FY26, was noted in passing.

## Same story from 3 outlets

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

- **ProPakistani** — [Cherat Cement Wants to Buy 30% Stake in Nimir Industrial Chemicals](https://propakistani.pk/2026/09/10/cherat-cement-wants-to-buy-30-stake-in-nimir-industrial-chemicals/) · 10 Sep 2026, 7:44 PM PKT
  > Cherat Cement Company Limited (PSX: CHCC) has announced its intention to acquire at least a 30 percent stake in Nimir… Read More
- **Business Recorder** — [Cherat Cement seeks to acquire 30% stake in NICL](https://www.brecorder.com/news/40438865/cherat-cement-seeks-to-acquire-30-stake-in-nicl) · 10 Sep 2026, 5:20 PM PKT · 85% identical wording to the newest filing
  > Cherat Cement Company Limited (CCCL), a major player in Pakistan’s cement industry, has expressed its intention to acquire at least 30% of the ordinary shares of Nimir Industrial Chemicals Limited (NICL), a company listed on the Pakistan Stock Exchange (PSX). “Nimir Industrial Chemicals Limited has received a Notice of Public Announcement of Intention from Cherat Cement Company Limited through ...
- **Profit** — [Cherat Cement moves to acquire at least 30% stake in Nimir Industrial Chemicals](https://profit.pakistantoday.com.pk/2026/09/10/cherat-cement-moves-to-acquire-at-least-30percent-stake-in-nimir-industrial-chemicals) · 10 Sep 2026, 4:41 PM PKT · 85% identical wording to the newest filing
  > Proposed deal covers at least 33.18 million shares and remains subject to due diligence, final terms and approvals; NICL posts Rs2.39 billion FY26 profit

3 articles from 3 outlets, 10 Sep 2026. Headlines and links belong to their outlets — HarZaviya links out and never copies article text.

---

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