Systems Limited and Confiz Limited Merger Approved
Summary
Systems Limited's merger with Confiz Limited sanctioned by Lahore High Court, effective from January 1, 2026, with Rs 5B authorized share capital.
Kind of disclosure: Partnership/JV
Read the original filingKey facts
- Merger of Systems and Confiz
- Rs 5B authorized share capital
- Court sanction received
- Effective from 2026-01-01
- High shareholder approval
- 99% Systems, 99.5% Confiz
- Regulatory concerns addressed
- Swap ratio issues
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Source: Systems Limited's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.