Karachi: Thatta Cement Company Limited has announced a subdivision of its ordinary shares following the approval of resolutions passed by its shareholders in an Extraordinary General Meeting held on May 29, 2025. The subdivision will adjust the face value of ordinary shares from Rs.10 to Rs.2, enabling shareholders to receive five shares for every one share currently held.

The share transfer books of Thatta Cement will remain closed on July 12, 2025, to determine the shareholders entitled to the newly sub-divided shares. Shareholders listed in the Register of Members at the close of business on July 11, 2025, will be eligible for the new Rs.2 shares.

All existing physical share certificates will be invalidated as of July 11, 2025. Shareholders with physical shares are instructed to submit their original share certificates, along with verified transfer deeds and a certified copy of their CNIC, to the Company's Share Registrar, M/s. THK Associates (Pvt.) Limited in Karachi, for the issuance of new share certificates after July 11, 2025.

According to information available from the Pakistan Stock Exchange (PSX), the subdivision complies with Rule No. 5.6.9 (b) of the PSX Rule Book. The announcement will be published in the Daily edition of "Business Recorder" and "Ummat" on June 10, 2025, as part of the company's compliance measures.

The designated market category for this announcement is the Pakistan Stock Exchange's equity market, where Thatta Cement Company Limited's shares are traded. The company has requested that the TRE Certificate holder of the Exchange be informed accordingly.