May 12, 2026 (MLN): Pakistan Mercantile Exchange Limited (PMEX) has acquired a majority shareholding in Naymat Collateral Management Company Limited (NCMCL) as part of its strategy to strengthen Pakistan’s commodity market infrastructure and support the development of regulated agricultural trading systems.

The investment was approved by PMEX’s Board of Directors and subsequently received regulatory clearance from the Securities and Exchange Commission of Pakistan (SECP), according to the press release.

Following the completion of the transaction, NCMCL has become a subsidiary of PMEX.

The acquisition is expected to strengthen Naymat’s warehousing and collateral management operations, which are considered essential components for the development of transparent, efficient, and delivery-backed agricultural commodity markets in the country.

The development comes as PMEX advances plans to introduce physically deliverable agricultural commodity futures trading in Pakistan.

The Exchange has already listed major agricultural commodities including wheat, rice, sugar, and maize to establish a more structured and regulated marketplace for key farm products.

Commenting on the development, PMEX CEO Khurram Zafar said the acquisition represents an important step towards building the infrastructure required for physically deliverable commodity markets in Pakistan.

He added that the move would help create a more secure, transparent, and efficient ecosystem for stakeholders across the agricultural value chain.

PMEX said it remains committed to promoting regulated commodity trading, transparent price discovery, and broader market access under the regulatory oversight of the SECP through the development of modern exchange infrastructure.