AHL

Arif Habib Limited

Rs 135.40 +1.45 (+1.08%)As of close

Fulfillment of obligations of the Acquirers in relation to the Acquisition of 13,245,191 ordinary shares (constituting 6.67% of the issued and paid-up capital) of TPL Insurance Limited

03 Jul 2026 · 11:18 AM

M&APOSITIVE

📈 M&A / Ownership · AHL Arif Habib Limited has confirmed the fulfillment of obligations related to the acquisition of 13,245,191 ordinary shares, representing 6.67% of TPL Insurance Limited's issued and paid-up capital, by Jazz International Holding Limited.

  • Acquirer: Jazz International Holding Limited
  • Target: TPL Insurance Limited
  • Shares acquired: 13,245,191 ordinary shares (6.67% of total capital)
  • Public Announcement of Offer (PAO) made on April 20, 2026
  • Acceptance period: June 09, 2026 - June 15, 2026
  • Total shares tendered: 21,087,740 (62.81% acceptance rate)
  • Payments dispatched to shareholders who tendered their shares
  • All obligations under the Takeover Regulations have been fulfilled

About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange. A summary for information, not investment advice — the original filing is the authoritative record.

Original filing (PDF)