B.R.R. Guardian Limited receives High Court sanction for merger with BRR Financial Services

MG News | May 12, 2026 at 03:54 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

May 12, 2026 (MLN): B.R.R. Guardian Limited (PSX:BRRG) has secured approval from the High Court of Sindh, Karachi, for its Scheme of Arrangement with BRR Financial Services (Private) Limited, marking a significant corporate restructuring milestone for the company.

The court found that all legal formalities and compliance requirements had been duly fulfilled, with no serious objections raised against the scheme.

The Securities and Exchange Commission of Pakistan (SECP), represented by Advocate Syed Hafiz Ebad-ur-Rehman, noted that applicable regulatory compliance would be required following the merger's sanction.

The Scheme of Arrangement was permitted subject to fulfillment of all further legal requirements and formalities with relevant authorities.

The aforementioned information was disseminated through a notification to Exchange.

Copyright Mettis Link News

Related News

BRRG receives Shariah Compliance Certificate from SECP

Name	Price/Vol	%Chg/NChg
KSE100	179,571.27 436.67M	1.06% 1878.35
ALLSHR	108,600.94 844.23M	1.00% 1073.54
KSE30	53,548.42 162.02M	0.99% 525.53
KMI30	256,725.70 154.74M	0.76% 1936.43
KMIALLSHR	70,620.69 563.61M	0.98% 683.55
BKTi	48,625.03 36.31M	1.37% 658.39
OGTi	37,179.52 8.29M	0.94% 345.85

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	60,455.00	60,455.00 59,790.00	460.00 0.77%
BRENT CRUDE	73.08	75.13 71.38	-2.18 -2.90%
RICHARDS BAY COAL MONTHLY	115.00	0.00 0.00	1.65 1.46%
ROTTERDAM COAL MONTHLY	126.25	0.00 0.00	0.15 0.12%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	70.24	71.86 68.56	-1.68 -2.34%
SUGAR #11 WORLD	14.55	14.68 14.02	0.45 3.19%