Overview

• Gillette Pakistan said in a stock filing it will convene a board meeting shortly to evaluate steps for the wind-down, including a potential delisting from the Pakistan Stock Exchange.
• Procter & Gamble confirmed it will phase out manufacturing and commercial activities in Pakistan and transition product distribution to third-party partners.
• The company said it will keep operating in the ordinary course during the transition, which it indicated could take several months.
• P&G stated that affected employees will be considered for roles in other markets or offered separation packages in line with local laws and company policies.
• The decision was framed as part of P&G’s global restructuring programme, with specific local timelines and regulatory approvals still pending.