Dandot Cement Company Limited has responded to the Pakistan Stock Exchange regarding unusual trading volume, confirming the issuance of 70,735,574 ordinary shares to Calicom Industries (Private) Limited against an outstanding interest-free loan.
- The shares were issued at a price of PKR 21.62 each, totaling PKR 1,529.30M.
- This issuance was approved by the Securities and Exchange Commission of Pakistan (SECP) on August 27, 2026.
- The company stated that this share issuance may explain the unusual volume movement but is not aware of any other material developments affecting the stock.
- The issuance was completed on September 14, 2026, and is in compliance with regulatory requirements.