Karachi: Arif Habib Limited (AHL) has announced a revision of the Book Closure Date initially set to determine the entitlements of its shareholders in connection with a Scheme of Arrangement. According to information available from the Pakistan Stock Exchange (PSX), the new closure date will be October 31, 2024, moved from the previously scheduled October 30, 2024.

The adjustment was confirmed in a formal notice to stakeholders, which stated that all transfer requests must be submitted to the CDC Share Registrar Services Limited, located at Karachi, by the end of the business day on October 30, 2024. This timeline ensures the accurate determination of shareholder identities and entitlements necessary for the allocation of shares from AHCL.

This notification follows an initial announcement made on October 22, indicating the procedural requirements for AHL shareholders regarding the Scheme of Arrangement. Despite the change in the Book Closure Date, all other conditions and details previously disclosed remain unchanged.

The company has made this information public through announcements in both English and Urdu in 'The Nation' and 'Nawa-e-Waqt' respectively on October 28, 2024. AHL has also advised informing TRE Certificate Holders of the Exchange about this update.