Supernet Technologies Limited Declares Letter of Rights as CDS Eligible Security

Karachi: Supernet Technologies Limited has announced that its Letter of Rights has been declared as a Central Depository System (CDS) eligible security, as per the Central Depository Company of Pakistan’s notice issued on August 12, 2026. This declaration will take effect from August 13, 2026.

This development follows a formal communication from the Pakistan Stock Exchange, referencing the letter numbered PSX/C-1177-817, dated July 16, 2026, concerning the issuance of Right Shares by Supernet Technologies Limited. The company has now confirmed that its rights have been accepted within the CDS framework, a move that aligns with the procedural requirements set forth by the Central Depository Company (CDC).

According to information available from the Pakistan Stock Exchange (PSX), the integration of Supernet Technologies Limited's Letter of Rights into the CDS is a significant procedural step for the company in terms of security eligibility. This declaration marks a critical point in ensuring that the rights are appropriately recognized and managed within the established depository system.

The attached notice from the CDC affirms the company's compliance and readiness to transition its Letter of Rights into the CDS, effective from the specified date. This development is poised to have implications within the designated market category that Supernet Technologies Limited operates in.