Karachi: Beco Steel Limited (BECO) has announced a change in the face value of its shares, effective November 15, 2025, following a book closure notice dated October 30, 2025. The change will see the face value of BECO shares adjusted from PKR 10 to PKR 1.

Trading of BECO shares will operate on a modified settlement cycle, specifically T+0, on November 13 and 14, 2025, due to the stock split. This adjustment is designed to streamline trading processes immediately before the book closure. The normal settlement cycle of T+2 will resume on November 17, 2025.

According to information available from the Pakistan Stock Exchange (PSX), the stock split will increase the number of BECO shares from 124,962,510 to 1,249,625,100. Despite the increase in shares, BECO's paid-up capital will remain constant. The opening price on November 17, 2025, will be recalibrated to one-tenth of the closing price from November 14, 2025, reflecting the change in face value.

This adjustment in share structure is part of BECO's strategy to enhance liquidity and accessibility for investors within the designated market category.