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

SECP moves Supreme Court against BRR Guardian merger scheme

BRRG completes share allotment under reconstruction scheme

Name	Price/Vol	%Chg/NChg
KSE100	162,374.88 110.96M	-0.95% -1549.44
ALLSHR	98,620.11 386.58M	-0.91% -906.77
KSE30	47,823.16 51.47M	-1.02% -490.65
KMI30	232,733.99 57.93M	-1.23% -2903.19
KMIALLSHR	63,955.68 197.75M	-1.12% -727.41
BKTi	44,724.17 14.61M	-1.01% -457.04
OGTi	33,033.72 5.00M	-1.08% -361.88

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	80,555.00	81,450.00 80,040.00	-650.00 -0.80%
BRENT CRUDE	117.38	117.45 112.74	4.21 3.72%
RICHARDS BAY COAL MONTHLY	128.50	0.00 0.00	-1.10 -0.85%
ROTTERDAM COAL MONTHLY	147.10	0.00 0.00	1.10 0.75%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	103.44	0.00 0.00	0.17 0.16%
SUGAR #11 WORLD	20.26	20.51 20.02	0.13 0.65%