Karachi: Invest Capital Investment Bank Limited (ICIBL) has announced a significant reduction in its share capital, moving from PKR 284,866,896 to PKR 43,052,984, according to its recent notice. This change is set to take effect following a book closure on Saturday, July 11, 2026. The announcement was made on July 6, 2026.

In response to this alteration, trading in ICIBL shares on the Ready Market will operate on a modified settlement cycle, specifically a T+0 basis, for a single trading day on Friday, July 10, 2026. This adjustment is necessary to accommodate the reduction in share capital. According to information available from the Pakistan Stock Exchange (PSX), normal trading operations with a T+1 settlement cycle will resume on July 13, 2026, the first working day after the book closure. The resumption will feature a revised price and an updated count of outstanding shares.

The adjusted price for ICIBL shares will be determined based on the closing price as of the last trading day, July 10, 2026. These measures are contingent upon the bank meeting all necessary requirements, as stipulated in the announcement. Market participants should prepare for these changes as the bank transitions through this capital restructuring.