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STL · Supernet Technologies Limited

STL - Request for Issuance of No Objection Certificate for Release of Right Shares Subscription Money

Filed
15 September 2026 at 3:27 pm
Category
Actions
Sentiment
Good
Impact
High

AI executive summary

Supernet Technologies Limited has announced that its right share issue of 91,476,554 shares has been fully subscribed, raising PKR 914,765,540 in total subscription money. The company has requested the Pakistan Stock Exchange to issue a No Objection Certificate (NOC) for the release of these subscription funds to Meezan Bank Limited and CDC.

Key takeaways

  • All 91,476,554 right shares fully subscribed
  • Total subscription money of PKR 914,765,540 received
  • Auditor's certificate confirming subscription funds enclosed
  • Paid-up capital increased from PKR 1,076,194,750 to PKR 1,990,960,290
  • #right shares
  • #subscription
  • #capital increase
  • #noc

This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.