Systems Limited Moves to Merge with Confiz Pakistan

Systems Limited has signed off on a merger with Confiz Pakistan, kicking off a step-by-step approval process that blends legal formalities with a strategic tech-sector expansion.

Read more: Systems Limited Considers Acquisition of an IT Services Firm

Systems Limited has decided to bring Confiz Pakistan (Private) Limited under its wing through a formal merger, according to a notice the company submitted to the Pakistan Stock Exchange (PSX) on Thursday. The move signals a major consolidation effort within Pakistan’s technology industry.

The company confirmed that its Board of Directors approved the plan through circular resolutions dated December 10, 2025. As outlined in the draft Scheme of Arrangement, Systems Limited intends to issue its own shares to Confiz shareholders, effectively integrating Confiz and its group entities into the Systems structure.

The proposed merger must still navigate a series of sign-offs before it becomes official. Approvals from shareholders, creditors, and regulatory bodies are required, followed by a final endorsement from the Lahore High Court. The company also noted that the structure may be adjusted if authorities request modifications during the review process.

To keep the transaction moving, Systems Limited has authorised its CEO, CFO, and Company Secretary—each empowered to act individually—to negotiate terms, finalise agreements, submit applications, and handle all procedural steps linked to the merger. With this approval in place, the merger process now transitions into its regulatory and legal stages.