JS Bank Limited has significantly increased its shareholding in TRG Pakistan Limited after acquiring 81.36 million shares, equivalent to 14.92 percent of the company, through the enforcement of a security arrangement.
According to a disclosure submitted to the Pakistan Stock Exchange by Jahangir Siddiqui & Co. Ltd., the acquisition was completed on May 21, 2026, at a price of Rs. 62.92 per share.
Before the transaction, JS Bank and persons acting in concert held 78.62 million shares, representing 14.41 percent of TRG Pakistan. Following the acquisition, their combined holding increased to 159.98 million shares, or 29.33 percent of the company’s total issued voting shares.
JS Bank’s latest acquisition comes amid a long-running battle for influence and control at TRG Pakistan, one of the Pakistan Stock Exchange’s most closely watched technology investment companies. The dispute has involved TRG founder Zia Chishti, TRG International, Greentree Holdings and entities linked to the JS Group
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