Supernet Limited merges into Supernet Technologies Limited following SHC sanction

SHC Approves Supernet Merger Scheme

Sindh High Court has cleared the merger of Supernet Limited into Supernet Technologies Limited. The Sindh High Court has sanctioned a scheme of arrangement approving the merger of Supernet Limited (SNL) into Supernet Technologies Limited (STL), both subsidiaries of Telecard Limited, according to filings submitted to the Pakistan Stock Exchange (PSX). The approval was granted through an order dated February 24, 2026, in J.C.M. No. 24 of 2025. The…

Supernet Limited Merges into Supernet Technologies Limited Following Court Sanction

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Supernet Limited merges into Supernet Technologies Limited following SHC sanction

Supernet Limited (GEMSPNL), a wholly owned subsidiary of Telecard Limited, has been merged with and into Supernet Technologies Limited (STL) pursuant to a Scheme of Arrangement sanctioned by the Sindh High Court, resulting in STL becoming the surviving listed entity. Following the merger’s effectiveness, all assets, liabilities, rights, and obligations of Supernet Limited have been vested in STL, read a statement. The merged entity will continue…