Karachi: Blue-EX Limited has announced its intention to sub-divide its shares, a move approved by the Board of Directors through a resolution by-circulation dated January 20, 2026. The proposal, aimed at increasing shareholder value and broadening investor participation, will be presented for approval at the upcoming Extraordinary General Meeting (EOGM) scheduled for February 11, 2026.

The company plans to alter the face value of its shares from Rs. 10 each to Rs. 1 each, effectively increasing the number of shares tenfold in accordance with Section 85(1)(c) of the Companies Act 2017. This proposed change will amend Clause V of the Memorandum of Association to reflect the new share structure.

According to information available from the Pakistan Stock Exchange (PSX), Blue-EX Limited currently has a subscribed and paid-up capital of 28,428,430 ordinary shares valued at Rs. 10 each. The proposed subdivision would convert these into 284.28 million shares of Rs. 1 each, giving existing shareholders 10 shares for every share held. This adjustment is intended to make the company’s shares more accessible to a wider range of investors.

The EOGM will take place at the company’s registered office in Karachi and will also be accessible via video link. Shareholders will be asked to approve the share subdivision, a decision that the Board of Directors believes will further solidify the trust and support of its investors by sharing the company’s success and making its shares more attractive to potential new shareholders.