JS Bank Limited has significantly increased its shareholding in TRG Pakistan Limited after acquiring 81.36 million shares, equivalent to 14.92 percent of the company, through the enforcement of a security arrangement.
According to a disclosure submitted to the Pakistan Stock Exchange by Jahangir Siddiqui & Co. Ltd., the transaction was completed on May 21, 2026, at a price of Rs. 62.92 per share.
Before the acquisition, JS Bank and persons acting in concert held 78.62 million shares in TRG Pakistan, representing 14.41 percent of the company’s total issued voting shares. Following the latest purchase, their combined holding has risen to 159.98 million shares, or 29.33 percent.
The development marks a major increase in JS Bank’s influence in TRG Pakistan, which remains one of the most closely watched technology investment companies on the Pakistan Stock Exchange.
The latest acquisition comes against the backdrop of a prolonged contest for influence and control at TRG Pakistan. The dispute has involved TRG founder Zia Chishti, TRG International, Greentree Holdings, and entities associated with the JS Group.
