The Pakistan National Shipping Corporation (PNSC) has informed the Pakistan Stock Exchange of a proposed change in its ownership and control structure, following government-level approvals.
In a material disclosure dated February 24, 2026, PNSC said it has received official correspondence from the Ministry of Maritime Affairs and the National Logistics Corporation (NLC), citing in-principle approval granted by the Prime Minister.
Under the proposed plan, NLC intends to acquire a 30 percent shareholding in PNSC, along with management control and consolidation rights, subject to applicable laws, regulatory approvals, and completion of formal procedures.
PNSC said that, in line with the prime minister’s directive, NLC has formally communicated its intention to proceed with the acquisition of both equity and management control.
The development points to a significant restructuring within the state-owned maritime and logistics sector, with further details expected as the transaction progresses through regulatory and legal stages.
