KARACHI: Pakistan Security Printing Corporation (Private) Limited (PSPC) has announced the amalgamation of its recently acquired wholly-owned subsidiary, the National Security Printing Company (Private) Limited (NSPC), with and into the PSPC with effect from the start of business on July 1, 2025.
As a result of this amalgamation, all assets, liabilities, rights, obligations, undertakings, and contracts of the NSPC now stand amalgamated and vested permanently in PSPC. The NSPC has ceased to exist as a separate legal entity from the date of amalgamation, and has been dissolved without winding up.
The PSPC, which is a wholly owned subsidiary of the State Bank of Pakistan, acquired the NSPC from the Federal Government. The acquisition has been carried out in order to achieve operational synergies and enhance value for the customers.
This strategic integration will result in improved resource utilization and greater coordination in the delivery of security printing services.
It will also provide an opportunity to serve the customers with better, innovative products.
As per the company announcement, all stakeholders and customers of NSPC in public and private sector will continue to receive the services under the existing arrangements without any disruption.
The PSPC remains fully committed to meeting its obligations and looks forward to working with its customers for delivering high-quality products and services.
Copyright Business Recorder, 2025
