Oct 22, 2026, 4:12 PM
Auditor certifies revised share capital following Shifa Medical Center merger
Scheme / ArrangementBDO Ebrahim & Co. issued an auditor’s certificate dated October 5, 2026, confirming Shifa International Hospitals Limited’s revised paid-up share capital following issuance of 78,860 shares under a court-approved Scheme of Arrangement involving Shifa Medical Center Islamabad (Private) Limited. The certificate states the required statutory and court conditions were satisfied and the related assets were recorded in the audited unconsolidated financial statements for the year ended June 30, 2026.
Key Findings
- Paid-up share capital increased from Rs. 632,143,830 to Rs. 632,932,430.
- The company issued 78,860 shares under the Scheme of Arrangement.
- The certificate reports that section 282 requirements, CDC allotment requirements, and conditions imposed by the Court were satisfied.
- The Court order concerning issuance of shares is dated July 14, 2026; the certificate is dated October 5, 2026.
Disclosure Details
Entities Involved
Shifa International Hospitals Limited, Shifa Medical Center Islamabad (Private) Limited
Amount
78,860 shares issued; paid-up capital after the scheme is Rs. 632,932,430
Approvals Required
Court order dated July 14, 2026, Compliance with section 282 of the Companies Act, 2017, CDC allotment requirements
Impact
Paid-up share capital rose by Rs. 788,600 following the merger-related share issuance.
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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.