Zia Chishti’s Return: A Rs 180 Per Share Future for TRG

If you’ve followed Pakistan’s technology scene over the last two decades, the name Zia Chishti is impossible to ignore. More than just a figure, he is a legacy in motion. The man behind Align, TRG, and Afiniti has achieved what few imagined possible: building global companies from Pakistan, creating tens of thousands of jobs, and putting the country firmly on the map of high-value technology exports.

TRG, under Chishti’s leadership, grew to a valuation exceeding $2 billion, attracting global attention and participation from former Prime Ministers of the UK, France, Italy, Australia, as well as multiple U.S. Senators and Governors. The scale of this governance network reflected more than just financial credibility but strategic vision where Chishti demonstrated an ability to operationalize global partnerships while nurturing a domestic talent base at scale. TRG under him became a benchmark for operational efficiency and global competitiveness, elevating Pakistan’s profile in the technology sector.

This was more than symbolism—it was proof of global confidence in a Pakistani entrepreneur’s vision. TRG’s share price soared from Rs 10 to over Rs 180, a testament to investor trust, operational excellence, and competitiveness. When interim mismanagement pushed it down to Rs 55, it became a sharp lesson: leadership is everything.

While Chishti faced external challenges, including false allegations pushed by political actors abroad, the courts in Pakistan and the U.K. validated his integrity and cleared him of wrongdoing. The Sindh High Court subsequently ruled that the interim TRG board had engaged in substantial fraudulent activity, and both the Sindh and Islamabad High Courts mandated immediate board elections. These rulings pave the way for Chishti’s return, ensuring the company regains competent governance and strategic direction.

His comeback is more than just about leadership restoration, but rather about unlocking operational and financial potential. Market analysts estimate that, under Chishti, TRG can reclaim its peak valuation trajectory, with projections indicating a recovery to over Rs 180 per share once strategic initiatives are fully implemented. The focus will be on enhancing operational efficiency, realigning corporate strategy, and leveraging global partnerships that previously contributed to the company’s multi-billion-dollar valuation.

Parallel to TRG, Chishti has also became an advisor for Isbei, Pakistan’s premier AI enterprise. Isbei dominates the country’s AI export market, particularly with a growing client base in China, and has positioned Pakistan as a credible player in high-value AI solutions. These initiatives underscore Chishti’s systematic approach to technology-driven economic growth: identifying scalable opportunities, implementing global best practices, and fostering domestic talent.

From a macroeconomic perspective, Chishti’s plans for TRG are ambitious but grounded in measurable targets. He aims to drive over $1 billion in technology exports within two years and create employment for more than 100,000 people. If achieved, these metrics will represent a significant portion of Pakistan’s technology exports, positioning TRG as the country’s flagship technology company. For expatriate investors, this represents a rare opportunity to invest in a high-growth sector with validated leadership, robust operational strategy, and clear financial upside.

The combination of Chishti’s track record, operational expertise, and proven ability to execute at scale offers investors a level of confidence rarely found in emerging markets. His prior success with TRG and Afiniti demonstrates an ability to navigate complex regulatory environments, manage global partnerships, and scale operations efficiently. Moreover, the recent court validations remove much of the governance risk that had temporarily affected investor sentiment.

For business and financial stakeholders, the value proposition is clear: TRG under Zia Chishti combines a proven leadership track record, high-growth operational potential, and strategic positioning within global technology markets. Shareholder returns, employment growth, and export expansion all align with national economic objectives, making TRG under Chishti a multi-dimensional investment opportunity.

Even beyond the immediate financial metrics, Chishti’s approach to technology and governance sets a benchmark for Pakistani entrepreneurship. By integrating smart operational processes, high standards of corporate governance, and international best practices, he demonstrates that businesses from Pakistan can operate at global standards while contributing meaningfully to the local economy.

Zia Chishti’s return to TRG is more than a corporate leadership change, it is the restoration of a value-generating engine with measurable impact. With clear strategic targets, proven global partnerships, and a track record of building scalable technology enterprises, Chishti’s leadership promises not only to restore shareholder value but also to elevate Pakistan’s role in the global technology ecosystem. For investors, both domestic and expatriate, this is a chance to participate in a data-backed, high-growth, and strategically sound enterprise led by one of Pakistan’s most accomplished technology visionaries.

TRG’s projected recovery, combined with the advisory at Isbei and Chishti’s demonstrated ability to deliver high-value technology solutions, makes this an opportunity of rare significance. With Rs 180 per share as a realistic near-term target and operational plans to expand employment and exports exponentially, TRG under Chishti represents both a financial and strategic opportunity that aligns with Pakistan’s growth ambitions in technology. For analysts, investors, and stakeholders seeking measurable impact and long-term value, the message is clear: Zia Chishti is back, TRG is poised for recovery, and Pakistan’s technology sector is entering a new era of growth and global relevance.