Bank Alfalah Completes Divestment of Alfalah Securities to Optimus Capital Management
Karachi, May 2, 2025 — Bank Alfalah Limited (PSX: BAFL) has officially completed the divestment of its entire shareholding in its subsidiary, Alfalah Securities (Private) Limited.
In a stock filing submitted to the Pakistan Stock Exchange (PSX) today, the Bank confirmed the sale of 324,999,912 shares—representing 95.59% of Alfalah Securities’ issued and paid-up capital—to M/s. Optimus Capital Management (Private) Limited.
This strategic move comes following the formal approval of the transaction by shareholders during Bank Alfalah’s 33rd Annual General Meeting held on March 20, 2025.
As of April 30, 2025, the transaction has been successfully concluded. With the transfer of shares finalized, Bank Alfalah has affirmed that it no longer retains any ownership or interest in Alfalah Securities, which has consequently ceased to be a subsidiary or associated undertaking of the Bank.
The development marks a significant step in Bank Alfalah's ongoing portfolio restructuring and strategic focus on its core banking operations.
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