Karachi: Macter International Limited has announced a significant restructuring of its share capital, aiming to enhance market liquidity and improve investor accessibility. The decision was made during a Board of Directors meeting on September 22, 2026, and is now pending shareholder approval at the upcoming Annual General Meeting.

In accordance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of PSX Regulations, the board has recommended a subdivision of the company's shares, reducing the face value from Rs. 10 to Rs. 2 per share. This strategic move is designed to align the "Macter" stock price with broader market participation, offering a more accessible entry point for investors.

The restructuring will see the company's issued, subscribed, and paid-up share capital transition from 45,811,018 ordinary shares of Rs. 10 each to 229,055,090 ordinary shares of Rs. 2 each. Importantly, there will be no change in the total paid-up capital. Shareholders will receive five ordinary shares of Rs. 2 each for every one ordinary share of Rs. 10 held as of the effective date, pending regulatory approvals.

According to information available from the Pakistan Stock Exchange (PSX), the subdivision will necessitate amendments to the Memorandum and Articles of Association of the company to reflect the changes in share structure.

The company has communicated these prospective changes and is awaiting the necessary approvals to proceed with the implementation. This initiative marks a significant development in Macter International's efforts to bolster its position within the designated market category, as it seeks to engage a wider investor base.