Karachi: Supernet Technologies Limited has announced the receipt of PKR 897.98 million from the subscription of its right shares, according to a report dated September 14, 2026. The company communicated this financial development following a detailed assessment by the Banker to the Issue and the Central Depository Company of Pakistan.

The subscription process, as outlined in the report, achieved a 98.16% uptake of the total right issue, which was valued at PKR 914.77 million. This leaves an unsubscribed portion of PKR 16.69 million, accounting for 1.84% of the issue. The board of directors of Supernet Technologies Limited is considering the appropriate course of action regarding the unsubscribed shares, in line with the Companies Act, 2017.

According to information available from the Pakistan Stock Exchange (PSX), the company's right shares subscription status is a significant move in the designated market category. Stakeholders of the company and the TREC Holders of the Exchange have been duly informed of these developments.