Karachi: Amreli Steels Limited, a prominent player in the steel manufacturing sector, has successfully raised an aggregate amount of 1 billion rupees through the issuance of 40 million ordinary shares, according to a certificate issued by BDO Ebrahim & Co. on December 23, 2025. The shares were issued at a price of 25 rupees each, including a face value of 10 rupees and a premium of 15 rupees per share.

The company’s revised issued, subscribed, and paid-up capital now stands at 3.37 billion rupees, reflecting the new total of 337,011,427 ordinary shares. The certification process, conducted by BDO Ebrahim & Co., involved verifying the receipt of subscription money through bank statements and recalculating the revised paid-up capital. The certificate confirms compliance with the Institute of Chartered Accountants of Pakistan’s guidelines for issuing such certificates.

According to information available from the Pakistan Stock Exchange (PSX), this move by Amreli Steels Limited marks a significant development in the company’s financial structuring, allowing for enhanced capital allocation and potential business expansion. The company’s management has assured that all legal and procedural requirements regarding the allotment of securities in the name of Central Depository Company (CDC) have been duly fulfilled.

This strategic financial maneuver underscores Amreli Steels Limited’s commitment to strengthening its capital base, facilitating future growth, and maintaining transparency with its shareholders and regulatory bodies.