Karachi: The Central Depository Company (CDC) has announced that the Letter of Right for Loads Limited has been declared as a Central Depositary System (CDS) Eligible Security. This announcement, effective from February 11, 2026, comes following a formal notice issued by the CDC on February 10, 2026.

According to information available from the Pakistan Stock Exchange (PSX), the decision aligns with Regulation 8AA.2.2 of the Central Depository Company of Pakistan Limited Regulations. This classification of the Right Entitlements as CDS Eligible Securities is intended to streamline the process for the holders of existing securities, specifically ordinary shares, of Loads Limited.

The CDC has specified that Loads Limited is required to adhere to the procedures set forth in the regulations to ensure the seamless induction of the Right Entitlements into the CDS. This move is expected to facilitate the management and trading of these securities within the market.

This declaration marks a significant milestone for Loads Limited and its stakeholders, providing them with the necessary framework to integrate the Right Entitlements into the CDS effectively. The relevant officials from Loads Limited have been advised to make the necessary arrangements to comply with these procedural requirements.