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Gillette Pakistan Limited (PSX: GLPL) is moving closer to a voluntary delisting from the Pakistan Stock Exchange (PSX) after the company’s majority shareholder accepted the PSX’s minimum buyback price of Rs. 700 per share.
The acceptance was communicated to the PSX in a letter dated 6 February 2026, citing PSX Regulation No. 5.14.7, which governs voluntary delisting procedures. The buyback price is substantially higher than the sponsor’s earlier proposed offer of Rs. 216.49 per share, and the company’s stock surged 10 percent, closing at Rs. 617.02 on Friday.
Gillette Pakistan Limited is a subsidiary of Procter & Gamble (P&G), primarily engaged in the marketing and sale of blades, razors, and grooming products in Pakistan. The company has been a recognized name in personal care for decades, serving consumers with popular products such as Gillette razors, blades, and shaving accessories.
Over recent years, global restructuring by P&G and reduced market operations in Pakistan have led to speculation that the company is scaling back its local presence, with this voluntary delisting marking a significant step toward exiting the Pakistani market.
Investors are closely watching the delisting process, as the final buyback will allow majority shareholders to acquire remaining publicly traded shares at the fixed buyback price of Rs. 700, potentially ending Gillette Pakistan’s listing on PSX.
Analysts note that delistings of multinational subsidiaries in Pakistan often reflect global portfolio restructuring and local market strategy adjustments rather than company underperformance.
