Attock Refinery Limited (PSX: ATRL) has officially denied rumors regarding the company’s potential sale. In a statement to the main bourse on Monday, the Board of Directors clarified that no such discussions are underway.

The announcement came in response to inquiries from shareholders and analysts during the company’s Corporate Briefing Session held on November 8, 2024. “We wish to clarify that no such matter is under consideration,” the company stated, addressing the market rumors.

Attock Refinery Limited is a subsidiary of The Attock Oil Company Limited, based in England, with its ultimate parent company being Coral Holding Limited, a private limited company incorporated in Malta.

On the same day, the company’s stock closed at Rs. 473, marking a decline of 4.23 percent or Rs. 20.87, with trading volumes exceeding 10.67 million shares.