Karachi: The shareholders of Invest Capital Investment Bank Limited have been notified that the Honourable High Court of Sindh at Karachi has approved a significant reduction in the company's paid-up capital. As per the company’s announcement on July 6, 2026, the paid-up capital will decrease from Rs. 2.85 billion to Rs. 430.53 million. This reduction will be achieved by cancelling 241,813,912 ordinary shares, resulting in a proportional reduction of 84.886631405% in the existing shares of the company.
The newly adjusted issued and paid-up share capital will consist of 43,052,984 ordinary shares valued at Rs. 10 each. To facilitate this transition, the share transfer books will be closed on July 11, 2026, with entitlements determined based on the Register of Members as of July 10, 2026. Share transfer requests, accompanied by the original share certificates, verified transfer deeds, and a certified copy of the CNIC, must be submitted to M/s CorpTec Associates (Pvt.) Limited by the close of business on July 10, 2026, to qualify for the new share allocations.
According to information available from the Pakistan Stock Exchange (PSX), existing physical share certificates will be invalidated as of July 11, 2026. Shareholders in possession of physical share certificates are advised to surrender these, along with the required identification documents, to the Share Registrar of the company.