AKDSL

AKD Securities Limited

Rs 37.30 +0.39 (+1.06%)As of close

Publication of Extension Period Notice - Public Announcement of Intention to Acquire up to 6.02% of the Issued & Paid-Up Share Capital and Control of Escorts Investment Bank

03 Aug 2026 · 10:41 AM

M&ACAUTIOUSLY POSITIVE

📈 M&A / Ownership · AKDSL AKD Securities Limited has announced an extension period for its public announcement of intention to acquire up to 6.02% of the issued and paid-up share capital and control of Escorts Investment Bank Limited.

  • Acquirers: Mr. Kamran Malik and Mr. Sheikh Ali Baakza
  • Target: Escorts Investment Bank Limited
  • Initial public announcement made on January 22, 2026, now extended by an additional 90 days
  • Total stake targeted: 6.02% of issued paid-up share capital
  • Regulatory compliance: Extension in accordance with the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017

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)