JS Bank Limited has significantly increased its shareholding in TRG Pakistan Limited after acquiring millions of shares through the enforcement of a security arrangement. The transaction has strengthened the bank’s position in one of the Pakistan Stock Exchange’s most discussed companies.
According to a disclosure submitted to the Pakistan Stock Exchange by Jahangir Siddiqui & Co. Ltd., the acquisition was completed on May 21, 2026. The shares were purchased at a price of Rs. 62.92 per share.
The latest move involved the acquisition of 81.36 million shares of TRG Pakistan. This represents 14.92 percent of the company’s total shares. Following the transaction, JS Bank and related parties increased their combined ownership in the company.
Before the deal, JS Bank and persons acting in concert held 78.62 million shares in TRG Pakistan. This amount represented 14.41 percent of the company’s total issued voting shares.
After the acquisition, the combined holding increased to 159.98 million shares. This now accounts for 29.33 percent of TRG Pakistan’s total issued voting shares.
The development comes during an ongoing struggle for influence and control at TRG Pakistan. The company remains one of the most closely followed technology investment firms listed on the Pakistan Stock Exchange.
Several major parties have been involved in the dispute over the company’s control. These include TRG founder Zia Chishti, TRG International, Greentree Holdings, and entities connected to the JS Group.
Market analysts believe the increased stake could strengthen JS Bank’s influence in future decisions related to TRG Pakistan. Investors are also closely watching further developments involving the company and its major shareholders.
The acquisition highlights growing activity in Pakistan’s corporate and investment sector. It also reflects continued interest in technology-focused companies listed on the stock market.
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Shares of TRG Pakistan often attract strong investor attention due to the company’s business interests and ownership developments. The latest increase in ownership by JS Bank is expected to remain an important topic for market participants in the coming weeks.
