Macter International Limited has announced a proposed subdivision of its shares, reducing the face value from PKR 10 to PKR 2 per share, aimed at enhancing market liquidity and investor accessibility.
- The Board of Directors recommended this subdivision during their meeting on September 22, 2026.
- The total paid-up capital remains unchanged, restructuring the issued shares from 45,811,018 to 229,055,090.
- Shareholders will receive 5 shares of PKR 2 each for every 1 share of PKR 10 held as of the effective date, pending regulatory approvals.
- This move is expected to align Macter's stock price with broader market participation.