Karachi: Supernet Technologies Limited has announced the dispatch of its Intimation Letter for the credit of unpaid rights into the Central Depository System (CDS) and the Offer Letter for physical shareholders. This move comes as part of the company’s compliance with Section 83(3) of the Companies Act, 2017, and Schedule-I of the Companies (Further Issue of Share) Regulations, 2020.
The company confirmed that shareholders are being informed through newspaper advertisements. Copies of these advertisements were published in ‘Daily Jung’ and ‘Business Recorder,’ ensuring that all stakeholders are adequately notified.
According to information available from the Pakistan Stock Exchange (PSX), the dispatch marks a significant step in Supernet Technologies’ commitment to maintaining transparency and regulatory adherence in its operations.
The designated market category for this announcement remains focused on ensuring that all shareholders, whether holding shares physically or in electronic form, are kept abreast of their rights and opportunities concerning the company’s shares.
Supernet Technologies continues to fulfill its obligations under the regulatory frameworks governing the issue of shares, reflecting its dedication to maintaining good corporate governance practices.