Karachi: Intermarket Securities Limited has announced the successful completion of its share sub-division, as confirmed by the Central Depository Company (CDC). This follows a series of announcements made by the company on March 11, 2025, April 7, 2025, April 29, 2025, and May 30, 2025, regarding the sub-division under Section 85(1)(c) of the Companies Act, 2017.

On June 14, 2025, the shares were sub-divided from a face value of Rs. 10 to Re. 1. The sub-divided shares have been credited to the respective accounts of entitled shareholders at the Central Depository Company of Pakistan Limited. Shareholders who hold physical certificates are advised to surrender their original certificates, along with verified transfer deeds, to the company's Share Registrar in Karachi for the issuance of new share certificates. A certified copy of the CNIC must also be provided.

This restructuring has resulted in the company's subscribed and paid-up capital being adjusted from 128,751,024 ordinary shares of Rs. 10 each to 1,287,510,240 ordinary shares of Re. 1 each, with no change in the rights and privileges attached to these shares. Shareholders and concerned entities are requested to update their records accordingly to reflect these changes.

According to information available from the Pakistan Stock Exchange (PSX), the adjustment in holdings in CDS accounts was completed at the end of the day on June 14, 2025, in line with the Split/Consolidation Entitlement List as of June 13, 2025.

The designated market category for Intermarket Securities Limited remains unchanged following this sub-division and restructuring of the paid-up capital.