Oct 15, 2026, 8:56 AM
Shifa International credits 78,860 shares following merger scheme; SMCI dissolved
Scheme / ArrangementShifa International Hospitals Limited completed the share allotment under the court-sanctioned Scheme of Arrangement for the merger of Shifa Medical Centre Islamabad (Pvt.) Limited (SMCI) into Shifa International. A total of 78,860 ordinary shares were credited to eligible SMCI shareholders through CDC on October 13, 2026. The company’s paid-up capital increased from PKR 632,143,830 to PKR 632,932,430, and SMCI stands dissolved without winding up.
Key Findings
- 78,860 ordinary shares of PKR 10 each were credited to eligible SMCI shareholders on October 13, 2026.
- The scheme allotted SIHL shares at a swap ratio of 1 SIHL share for every 0.032 SMCI shares held, based on the July 1, 2025 record date.
- Shifa International’s paid-up capital rose from PKR 632,143,830 to PKR 632,932,430.
- SMCI has been dissolved without winding up following completion of the allotment.
Disclosure Details
Entities Involved
Shifa International Hospitals Limited, Shifa Medical Centre Islamabad (Pvt.) Limited
Amount
78,860 ordinary shares, face value PKR 10 each; paid-up capital increased by PKR 788,600
Approvals Required
Scheme sanctioned by the Islamabad High Court in Companies Original No. 02 of 2026
Impact
Eligible SMCI shareholders received SIHL shares; SIHL’s paid-up capital increased and SMCI was dissolved without winding up.
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.