Lahore: In a significant corporate development, Systems Limited has announced a revision in its paid-up share capital following the approval of a Scheme of Arrangement involving Confiz Limited. According to an auditor's certificate issued on October 21, 2026, the revised issued and paid-up capital of Systems Limited now stands at approximately 3.06 billion PKR.

The restructuring, sanctioned by the Lahore High Court, involves the transfer of assets and liabilities as well as the cancellation and reissuance of shares between the two companies. Under the scheme, the shareholders of Confiz Limited will receive shares of Systems Limited, effectively integrating the two entities into a single corporate structure.

According to information available from the Pakistan Stock Exchange (PSX), the merger is categorized under the designated market category of corporate actions, reflecting a significant move in the market. The transaction resulted in the issuance of 57,578,420 new shares, elevating the company's total number of shares to 1,530,982,855.

The management of Systems Limited has ensured compliance with the Companies Act, 2017, and relevant Central Depository System Standard Operating Procedures. The legal transfer of certain assets is ongoing and will be finalized by the relevant authorities as stipulated by the approved Scheme of Arrangement.

The revised capital structure marks a very large or significant move in Systems Limited's financial standing, a notable development in the region's corporate landscape.