Nishat Group
Nishat Group () is a Pakistani multinational conglomerate company which is based in Lahore, Pakistan. The company was founded by Pakistani business magnate Mian Muhammad Yahya in 1951. Mian Muhammad Mansha is the current chairman of the group Many of the Nishat Group's subsidiaries are listed on the Pakistan Stock Exchange. History. The company was founded by Mian Muhammad Yahya, later the ownership went to Mian Muhammad Mansha, Chaiman of Nishat Group. Nishat Mills Faisalabad was the first textile mill they started. Companies. Nishat Group is one of largest conglomerate companies of Pakistan. Some companies which group owns  are: Listed on Pakistan Stock exchange. Following are the companies which are listed on Pakistani stock exchanges: DG Khan Cement. DG Khan is a major Pakistani cement manufacturer which the group acquired in 1992 under privatization scheme. It has three active plants in the country. It generates around Rs. 2.2 billion per year. It has a production capacity of 24,000 tons per day. MCB Bank. MCB Bank is one of the four largest banks of Pakistan. It is considered as 'Big 4' of Pakistan. The bank was incorporated by Adamjee Group and it was nationalized by then Prime Minister Zulfikar  Ali Bhutto. In 1990s, it was privatized by then Prime Minister Nawaz Sharif's government and came under Nishat Group. In 2015, the bank generated around ₨66.43 billion which makes it one of the well performing banks of Pakistan. Nishat Chunian. Nishat Chunian Group was incorporated in 1990 to diversify the business of Nishat Group. Today, Nishat Chunian Group consists of four companies – Nishat Chunian Limited (a textile company), Nishat Chunian Power Limited (a power generation company), Nishat Chunian USA Inc. (Incorporated in USA) and Nishat Chunian Electric Corporation Ltd.(a captive power generation company). Nishat Automobile. In February 2017 , it was announced that both companies are venturing to assemble cars in Pakistan. In March 2017, it was announced that Nishat Group will setup their first plant in Faisalabad, Pakistan which will assemble electric cars. Nishat Group will have 42% stake in the venture. Unlisted. Following are the companies which are not listed on Pakistani stock exchanges: