Karachi: Trading in the shares of Cyan Limited (CYAN) is set to be suspended starting Thursday, March 12, 2026, as part of the company’s merger with Dawood Lawrencepur Limited (DLL). This decision follows the Islamabad High Court’s approval of the Scheme of Arrangement, sanctioned on February 18, 2026, for the amalgamation of Cyan Limited with and into Dawood Lawrencepur Limited.

According to the announcement made by Cyan Limited via a letter dated March 05, 2026, the final date for Book Closure has been set for March 13, 2026. This information has been made publicly available through the Pakistan Unified Corporate Action Reporting System (PUCARS) on the Pakistan Stock Exchange (PSX) website. Importantly, according to information available from the Pakistan Stock Exchange (PSX), the shareholders of Cyan Limited will receive 7.2974 shares of Dawood Lawrencepur Limited for every 100 ordinary shares they hold in Cyan Limited.

Upon completion of the amalgamation process, Cyan Limited will be delisted from the Exchange. A separate notice will be issued to confirm the delisting. Stakeholders are advised to take note of these developments.