Karachi: Supernet Technologies Limited announced significant shareholder transactions on April 1, 2026, as per the latest disclosure under the Pakistan Stock Exchange (PSX) Regulation 5.6.4. The transactions involve key figures within the company, including substantial shareholders and directors, who have increased their holding in the company through a merger initiative.
According to the disclosure, Telecard Limited, a substantial shareholder, executed a merger-in transaction, acquiring 66,053,304 shares of Supernet Technologies Limited. This acquisition brings Telecard Limited’s cumulative holding to 61.66% of the company’s shares. The transaction reflects a very large or significant move in the ownership structure of Supernet Technologies Limited.
Additionally, several directors and executives of Supernet Technologies Limited also participated in merger-in transactions. Waseem Ahmad, an Executive Director, acquired 924 shares, while Lama! Nasir Khan, also an Executive Director, acquired 1,848 shares. Non-Executive Directors Syed Aamir Hussain and Naueen Ahmed acquired 924 and 1,848 shares, respectively. Asad Mujtaba Naqvi, an Independent Director, also acquired 924 shares. Each of these transactions resulted in a cumulative percentage of 0.00%, classified as no change.
The designated market category for these transactions is the Pakistan Stock Exchange. According to information available from the Pakistan Stock Exchange (PSX), these transactions are part of ongoing merger activities within Supernet Technologies Limited, reflecting strategic moves by key stakeholders to consolidate their positions within the company.
This series of transactions underscores the dynamic nature of shareholder activities within Supernet Technologies Limited, as key figures align their interests with the company’s strategic direction amid the merger.