Secure Logistics – Trax Group Limited (SLG-Trax) has taken a major step toward diversifying its business operations after shareholders overwhelmingly approved the company’s proposed acquisition of a FinTech software intellectual property suite. The approval marks a strategic shift for the logistics and e-commerce solutions provider as it prepares to enter the digital lending space while strengthening its technology-driven service offerings.
The decision was taken at an Extraordinary General Meeting held on Thursday, where shareholders voted decisively in favour of the transaction. According to a notice submitted to the Pakistan Stock Exchange, 99.98% of the votes cast supported the resolution, reflecting strong investor confidence in the company’s FinTech expansion strategy. More than 205 million shares were represented in the vote, with only 40,978 votes recorded against the proposal.
Under the approved arrangement, SLG-Trax will issue 7.94 million ordinary shares at an issue price of Rs21.20 per share to CAPNEXA (Private) Limited. The share issuance will serve as consideration for the acquisition of the FinTech software asset, which has been independently valued by a registered valuer. The company has stated that the valuation and transaction structure comply with applicable regulatory requirements.
The acquisition is a continuation of SLG-Trax’s previously disclosed plans to expand beyond its core logistics operations. The company had earlier informed the market through a series of corporate disclosures in August and October 2025, as well as earlier this month, about its intention to acquire a FinTech platform. These disclosures also outlined plans to launch digital lending services through LogiServe (Private) Limited, a wholly owned subsidiary of SLG-Trax.
Management believes that integrating FinTech capabilities will significantly enhance the company’s e-commerce ecosystem. By leveraging its existing logistics infrastructure, data insights, and merchant network, SLG-Trax aims to offer digital lending solutions that support online sellers, small businesses, and other participants in the digital commerce value chain. The initiative is expected to create a new revenue stream while deepening customer engagement across its platforms.
Following shareholder approval, the company has indicated that it will now proceed with executing definitive agreements related to the acquisition. SLG-Trax will also seek the necessary regulatory approvals required to operationalize the FinTech platform and commence digital lending activities. The company has set a targeted closing timeline for the transaction in the first quarter of 2026, subject to regulatory clearances.
The move reflects a broader trend in Pakistan’s technology and logistics sectors, where companies are increasingly integrating financial technology solutions to improve service efficiency and unlock new growth opportunities. Digital lending, in particular, has gained traction as businesses look for faster, technology-enabled financing options amid the rapid expansion of e-commerce.
SLG-Trax’s management views the FinTech acquisition as a long-term strategic investment that aligns with its vision of becoming a comprehensive digital commerce enabler. By combining logistics, e-commerce services, and financial solutions under one umbrella, the company aims to strengthen its competitive position in a rapidly evolving market.
With strong shareholder backing and a clear execution roadmap, SLG-Trax’s entry into FinTech and digital lending is expected to be closely watched by investors and industry observers as the company moves into its next phase of growth.
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