Shifa International Hospitals moves to wind up subsidiary

Shifa International Hospitals Limited plans to wind up Shifa Development Services (Private) Limited, subject to approval by the subsidiary’s shareholders. Profit by Pakistan Today reported that the subsidiary’s board approved starting voluntary winding-up proceedings at a meeting on November 10, 2026, and that the listed company notified the Pakistan Stock Exchange on Wednesday.

An extraordinary general meeting is scheduled for December 5, 2026, where shareholders will consider a special resolution on the wind-up and the appointment of a liquidator. Shifa International Hospitals operates medical centres, hospitals, pharmacies and laboratory collection points in Pakistan; the source does not state how the proposed closure would affect those operations.