Karachi: The Pakistan Stock Exchange (PSX) announced significant adjustments to the contract specifications for Engro Powergen Qadirpur Limited (EPQL) following the company’s recent book closure announcement, effective March 18, 2026. This action results in the conversion of Standardized CSF Contracts, specifically EPQL-CMAR, into Non-Standardized contracts, designated as EPQLCMARN1.
As part of the adjustment process, the contract multiplier for EPQL has been revised from 500 to 521. Additionally, the free float of shares has increased from 97,140,000 to 102,153,419 shares. According to information available from the Pakistan Stock Exchange (PSX), the contract price for March has decreased from 25.57 to 24.36, while the ready price moved from 25.47 to 24.22, a moderate move.
Furthermore, as per the CSF review criteria and the PSX notice PSX/N-110 dated January 23, 2026, EPQL has been removed from the CSF eligible list, indicating that no further CSF contracts will be opened for April and subsequent months. This development marks a notable change in the company’s trading strategy and impacts stakeholders who are advised to consider these adjustments.
The PSX has provided detailed methodologies in Annexure “A” for determining the contract specifications and ex-price of these Non-Standardized Contracts, ensuring transparency and clarity in the transition process. All concerned parties are urged to take note of these changes as they come into effect.