Supernet Technologies Limited (STL) has announced the appointment of Jamal Nasir Khan as its new Chief Executive Officer, effective March 3, 2026, following the completion of its merger with Supernet Limited (GEMSPNL), a subsidiary of Supernet Technologies Limited.
The merger, executed under a Scheme of Arrangement sanctioned by the Honourable High Court of Sindh, has resulted in Supernet Limited being merged with and into STL, making STL the surviving listed entity.
According to the company statement, all assets, liabilities, rights, and obligations of Supernet Limited have now been vested in STL.
STL confirmed that the Honourable High Court of Sindh at Karachi allowed the petition pertaining to the proposed arrangement through an order dated February 24, 2026.
Post-merger, the consolidated entity will continue operating under the name Supernet Technologies Limited and will trade on the main board of the Pakistan Stock Exchange (PSX) under the trading symbol “STL”.
The company’s brand name will remain Supernet Global.
With the structural integration now completed, Jamal Nasir Khan, who had been serving as CEO of Supernet Limited since November 2021, will now lead the merged entity as CEO of STL effective March 3rd, 2026.
Comments
Comments are closed for this article.