Systems Limited Considers Acquisition in IT Services Sector

Systems Limited announced that its board of directors is evaluating a potential acquisition in the information technology services sector. The move, disclosed to the Pakistan Stock Exchange under Sections 96 and 131 of the Securities Act, 2015, is subject to finalization of commercial terms, completion of due diligence, execution of definitive agreements, and regulatory approvals. The board’s decision was taken in a meeting held on September 16, 2025. The company stated it would continue to keep the exchange and shareholders informed of any material progress regarding the proposed acquisition. In the same meeting, Systems Limited appointed Fayez Qamar Rasheed as the new company secretary.