Karachi March 21 2025: Trading in the shares of Arif Habib Corporation Limited will be suspended from Monday, March 24, 2025 till Wednesday, March 26, 2025 to give effect to the split issue.
“It is hereby informed to all concerned that as a result of Book Closure announced by Arif Habib Corporation Limited on March 26, 2025, to give effect to the change in the face value of AHCL’s shares from PKR 10/- to PKR 1/-. Trading in the shares of Arif Habib Corporation Limited will be suspended from Monday, March 24, 2025 till Wednesday, March 26, 2025 and shall be resumed from Thursday March 27, 2025, subject to fulfillment of all relevant requirements by the Company” states PSX notice.
The opening price on resumption of trading in the shares of AHCL will be one tenth of the closing price of shares on the last day of its trading i.e. Friday, March 21, 2025. The total number of shares of AHCL will be increased from 421,696,747 shares to 4,216,967,470 shares, however, the paid-up capital of the Company will remain unchanged.
