Karachi: Pakistan Stock Exchange Limited has announced the approval of the schedule for the issuance of Right Shares for Crescent Star Insurance Limited. This development comes through notice no. PSX/N – 90, dated January 20, 2026. Trading in the Unpaid Rights of the Company is set to commence on Thursday, January 22, 2026, with the settlement date scheduled for Monday, January 26, 2026.
The Central Depository Company of Pakistan Limited has already declared the Unpaid Rights of Crescent Star Insurance Limited as eligible security. All transactions will be facilitated through the National Clearing Company of Pakistan Limited, which has designated “CSILR3” as the Company Code/Security Symbol. According to information available from the Pakistan Stock Exchange (PSX), this marks a significant step for the company, which anticipates active participation from market participants.
This move is part of Crescent Star Insurance Limited’s broader strategy to enhance its capital base. The designation of the security as eligible by relevant authorities ensures that trading will proceed seamlessly, in line with established procedures. Market participants are advised to take note of the trading and settlement dates to ensure smooth transactions.
The designated market category for this issuance is set by the Pakistan Stock Exchange, providing a framework for investors to engage with the company’s offerings effectively. The market’s response to these developments will be closely monitored as Crescent Star Insurance Limited aims to leverage the capital raised through this Rights issue.