Karachi: Lucky Core Industries Limited (LCI) has successfully completed the subdivision of its shares, as per the stipulations under section 85(1)(c) of the Companies Act 2017. This development follows a series of communications from the company on May 12, May 30, June 20, and June 27, 2025.

As of July 19, 2025, the subdivision process has been finalized, with the face value of shares reduced from Rs. 10 to Rs. 2. The shares reflecting this adjustment have been credited to the accounts of the entitled members who hold their accounts with the Central Depository Company of Pakistan Limited.

Members who possess shares in physical form have been instructed to submit their original share certificates, along with verified transfer deeds and a certified copy of their valid CNIC, to the company's Share Registrar in Karachi to facilitate the exchange for new certificates.

The restructuring has resulted in an increase in the number of ordinary shares from 92,359,050 to 461,795,250, without altering the rights and privileges associated with the shares. The restructured subscribed and paid-up capital reflects these changes.

According to information available from the Pakistan Stock Exchange (PSX), these changes are now in effect and stakeholders are advised to update their records to align with the newly restructured capital of the company. This move is categorized as a very large or significant move in the market, impacting the company's share structure significantly.

The designated market category for this update is the financial securities sector, specifically involving corporate share restructuring.