Karachi: Dewan Cement Limited has announced a further issuance of shares through means other than rights, according to a statement released on July 13, 2026. This development follows a communication from the Pakistan Stock Exchange (PSX) dated June 29, 2026, under reference number PSX/C-618-736.

The company provided several key documents for record and regulatory compliance, including a certified copy of Form-3 and a certified copy of the auditor's certificate. Additionally, a cheque amounting to PKR 1,374,000 was submitted to cover the aggregate payment of PSX and SECP supervisory fees. This payment pertains to the increase in the company's paid-up capital, in accordance with PSX Regulation 5.19.

According to information available from the Pakistan Stock Exchange (PSX), Dewan Cement Limited's move to issue shares other than by rights is a strategic step toward enhancing its capital base. The company's management has requested an update of its paid-up capital records to reflect this issuance.

The financial transaction, detailed in the cheque, amounts to a total of 1.37 million Pakistani Rupees. This step underscores the company's commitment to compliance with the regulatory framework as set out by the PSX and SECP, ensuring that all necessary actions are documented and acknowledged.