SYS · Systems Limited
Systems Limited Auditor Certificate under CDS SOPs for Confiz Merger
Official PSX filing title: SYS | Systems Limited Auditors Certificate
- Filed
- 21 October 2026 at 1:54 pm
- Category
- Other
- Sentiment
- Good
- Impact
- Medium
Executive summary
Systems Limited has received an auditor certificate regarding the proposed credit and allotment of ordinary shares under the Scheme of Arrangement involving Confiz Limited. The certificate outlines the revised paid-up capital of Systems Limited following the merger scheme approved by the Lahore High Court.
Key takeaways
- Auditor certificate issued under CDS Standard Operating Procedures for merger arrangement with Confiz Limited.
- Revised paid-up capital of Systems Limited to increase by 57,578,420 shares following the scheme.
- New total paid-up share count to reach 1,530,982,855 shares amounting to PKR 3,061,965,710.
- Confiz Limited shares to stand cancelled upon implementation with shareholders receiving shares of Systems Limited.
- #auditor certificate
- #merger
- #confiz limited
- #systems limited
- #cds sops
Please cross-check with the official PSX filing before making an investment decision.