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HMIM board approves merger with Sego Pakistan

PRIVATENov 03, 2026

Acquiring Company

Haji Mohammad Ismail Mills Limited

Acquired Company

Sego Pakistan (Private) Limited

PakistanPakistanMobileFinancial Services

Description

The board of Haji Mohammad Ismail Mills Limited approved a draft merger scheme on November 3, 2026, absorbing Sego Pakistan (Private) Limited. HMIM would issue 244,831,768 ordinary shares to Sego shareholders at 1.0875 HMIM shares per Sego share, with July 1, 2026 as the effective date. The scheme still requires shareholder, regulatory and court approvals, and a joint petition is to be filed with the Sindh High Court in Karachi.

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Company Information

Company

Haji Mohammad Ismail Mills Limited

Location

Pakistan

About

Haji Mohammad Ismail Mills Limited is a Pakistani company listed on the Pakistan Stock Exchange. Its board approved a draft merger scheme with Sego Pakistan (Private) Limited on November 3, 2026. The proposed scheme would also rename HMIM as Sego Pakistan Limited and shift its principal business to mobile phones, related equipment and services.

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Frequently asked

Who acquired Sego Pakistan (Private) Limited?

Sego Pakistan (Private) Limited was acquired by Haji Mohammad Ismail Mills Limited, based in Pakistan. The deal was reported on November 3, 2026. Haji Mohammad Ismail Mills Limited is a Pakistani company listed on the Pakistan Stock Exchange. Its board approved a draft merger scheme with Sego Pakistan (Private) Limited on November 3, 2026. Haji Mohammad Ismail Mills Limited is privately held and operates in Mobile.

When did Haji Mohammad Ismail Mills Limited acquire Sego Pakistan (Private) Limited?

Haji Mohammad Ismail Mills Limited's acquisition of Sego Pakistan (Private) Limited was reported on November 3, 2026. The board of Haji Mohammad Ismail Mills Limited approved a draft merger scheme on November 3, 2026, absorbing Sego Pakistan (Private) Limited. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Sego Pakistan (Private) Limited do?

Sego Pakistan (Private) Limited is a Pakistani private company whose complete business, assets, liabilities and related rights and obligations would be absorbed into HMIM under the proposed scheme. It is privately held, operating in Financial Services, and is based in Pakistan.

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