Public Announcement: DM Holdings Limited Intends to Acquire Significant Shareholding in Bank Karam Limited (Open Offer under Securities Act, 2015)
Public Announcement · Sheikhupura · Nawa-i-Waqt,
Notice advertisement published in Nawa-i-Waqt on Tuesday, 16 June 2026, listed under Sheikhupura. Issued by Public Announcement.
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Issuer: DM Holdings Limited (acquirer).
Purpose: Public announcement of intention to acquire significant shareholding in Bank Karam Limited (the target company) under the Securities Act, 2015 and related takeover/open-offer regulations.
Summary of key information:
| Regulatory basis | Securities Act, 2015 (open offer / acquisition disclosure) |
| Target company | Bank Karam Limited |
| Acquirer | DM Holdings Limited |
| Offer type | Open offer / intention to acquire substantial shareholding |
| Current major shareholding (as presented) | Several major shareholders shown with stakes including: 83%, 80%, 71%, 57%, 57%, 49%, 23% (detailed breakdown in the formal notice) |
| Financial / share figures shown | Numeric and weighted shareholding and financial tables are published in the notice (detailed figures in original announcement) |
| How to respond / obtain offer documents | Interested shareholders should consult the full offer document and the registrar for procedures to tender shares, eligibility, and documentation requirements. |
| Contact / query | Phone (published in notice): +92-21-111 245 111 |
Note: The announcement contains full statutory details, shareholder schedules, financial tables and procedural instructions for eligible shareholders. Refer to the official offer document or the issuer/registrar for the complete terms, eligibility criteria, and the exact closing date for the offer.
Published in Nawa-i-Waqt on Tuesday, 16 June 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
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