Overview
- P&G confirmed it will end direct manufacturing and commercial activities in Pakistan and serve the market via third-party distributors using regional operations.
- The move covers Gillette Pakistan, whose board will meet to consider winding-down steps including a potential delisting from the Pakistan Stock Exchange.
- Operations will continue in the ordinary course during a transition expected to take several months, with planning starting immediately.
- Employees in affected roles will be considered for placements in other P&G operations outside Pakistan or offered separation packages in line with local laws and company policies.
- Industry voices flagged investment-climate concerns as Gillette Pakistan reported revenue nearly halving in FY2025 and its shares hit the 10% daily limit after the announcement.