Trust Securities & Brokerage Limited Completes Share Sub-Division as Per Companies Act


Lahore: Trust Securities & Brokerage Limited (TSBL) has successfully completed the sub-division of its ordinary shares, a move that aligns with the Special Resolutions passed by its shareholders and adheres to Section 85(1)(C) of the Companies Act, 2017. The company announced on December 29, 2025, that the credit of these shares has been finalized.



The sub-division process, which involved reducing the face value of shares from Rs. 10 to Re. 1, was concluded by the close of business on December 26, 2025. The shares reflecting this adjustment have been credited into the respective accounts of shareholders maintained with the Central Depository Company of Pakistan Limited. Shareholders who hold physical share certificates are instructed to surrender their original certificates along with the necessary documents to the company’s Share Registrar, M/s. Hameed Majeed Associates (Pvt.) Limited, for issuance of new certificates.



According to information available from the Pakistan Stock Exchange (PSX), the sub-division has led to a significant increase in the number of ordinary shares, from 30 million to 300 million. This restructuring does not alter the rights and privileges attached to the shares, ensuring that the interests of all stakeholders remain intact.



The adjustment reflects TSBL’s commitment to maintaining transparent and efficient shareholder communications while complying with regulatory standards. This strategic move underscores the company’s efforts to optimize its share structure, facilitating easier trading and potentially attracting a broader base of investors within the designated market category.