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                      Systems Limited Considers Acquisition of an IT Services Firm

                      Published by Syeda Minahil Shah on September 19, 2025
                      Categories
                      • Industry
                      • Innovation
                      Tags
                      • #IT
                      • system limited

                      A great news for the technology sector of Pakistan, Systems Limited has planned to potentially acquire an Information Technology (IT) services firm. The news was made public through a notice submitted before the Pakistan Stock Exchange – PSX on Wednesday, following the approval of the Board of Directors during a meeting held on September 16, 2025.

                      According to the announcement, the acquisition remains under consideration and will only proceed if there is successful negotiation of commercial terms, fulfillment of due diligence, execution of definitive agreements, and securing necessary regulatory approvals. Systems Limited also bound stakeholders to keeping the PSX informed of any material developments on the transaction.

                      In addition to this, the Board also approved the appointment of Mr. Fayez Qamar Rasheed as the new Company Secretary which suggested more changes in the company’s leadership hierarchy.

                      Established under the Companies Act, 2017, Systems Limited is a leading IT firm in Pakistan that specializes in software development, software trading, and business process outsourcing. With such an acquisition strategy, the company appears well on its way towards further strengthening its position in the fast-evolving horizon of IT services.

                       

                      Read more: PSX Temporarily Suspends Trading in Systems Limited

                      Author

                      • Syeda Minahil Shah

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