Shifa International subsidiary set for voluntary winding-uap

Shifa International Hospitals Limited (PSX: SHFA) plans to close its subsidiary, Shifa Development Services (Private) Limited, through a voluntary liquidation process. Mettis Global reported that the parent’s board reached this decision at a meeting on November 10, 2026, relying on the relevant provisions of the Companies Act, 2017.

The subsidiary’s shareholders are due to meet on December 5, 2026, at an Extraordinary General Meeting. They will consider a special resolution on the proposed closure and, if it is approved, the appointment of a liquidator. The company disclosed the board decision in a notification to the exchange; the shareholder vote and liquidator appointment remain pending. The report does not state the subsidiary’s business scale or the financial effect of its closure on Shifa International Hospitals.