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Business & Finance

Systems Limited to acquire Confiz Pakistan through merger

  • Confiz Pakistan (Private) Limited is the Pakistani arm of Confiz
Published Updated

In a corporate move, Systems Limited, one of Pakistan’s largest software firms, has announced plans to purchase Confiz Pakistan (Private) Limited through a merger

The listed software firm shared the development in a Thursday notice to the Pakistan Stock Exchange (PSX).

“The Board of Directors of the company, by way of resolutions passed through circulation on December 10, 2025, considered and approved the acquisition of Confiz Pakistan (Private) Limited, and all its direct and indirect shareholdings in the Confiz Group of Companies, by way of amalgamation/merger of Confiz with and into the company, in accordance with the provisions of a draft Scheme of Arrangement prepared under the provisions of Sections 279 to 283 and 285(8) of the Companies Act, 2017 and relevant transaction documents, subject to obtaining necessary consents and approvals,” read the notice.

Pakistan’s Systems Limited sets sights on Europe, US for next phase of growth

Under the proposed arrangement, Systems Limited shares shall be issued in favour of the shareholders of Confiz.

“The scheme shall be subject to all requisite shareholders’, creditors’ and regulatory approvals being obtained, and the sanction by the Honourable Lahore High Court, along with fulfilment of related legal formalities, and further subject to any changes or modifications thereto as may be required or prescribed, or such amendments as may be considered necessary,” read the notice.

Confiz Pakistan (Private) Limited is the Pakistani arm of Confiz, a global technology services company founded in 2005, specialising in digital transformation, cloud solutions, data & AI, software development, and mobile apps for industries like retail and fintech.

Meanwhile, Systems Limited was founded in 1977 as a private limited company and was converted into a publicly listed company in 2005. SYS was listed on PSX in 2015.

The company’s principal activity is the development and trading of software and business process outsourcing services. In short, SYS assists its clients in their digital transformation journey. Besides having a strong footprint in the local market, the company has a firm presence in the US, UK, EU and the Middle East.

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