Karachi: In a recent development, the National Clearing Company of Pakistan Limited has announced a significant change in the face value of shares for Macter International Limited (MACTER), as per the PSX Notice # PSX/N-1368 dated November 06, 2026. This adjustment is set to take effect on November 16, 2026. The modification in face value is anticipated to bring about changes in the trading and settlement schedules for both the Regular and Leverage Markets.

The official notice, dated November 10, 2026, outlines the revised trading and settlement schedule for the Regular Market. The trading dates are specified as November 11, 12, and 13, 2026, with corresponding settlement dates following a T + 1 and T + 0 cycle respectively. According to the schedule, any pending deliveries on these dates will be subject to a square-up or close-out process by November 13, 2026.

In the Leverage Market, adjustments have been announced for different market types. For the Margin Financing System and Murabaha Share Financing, the last trading date is set for November 12, 2026, with settlement on November 13, 2026. Notably, the Margin Financing System (SPOT) facility will be available for trades executed on November 12 and 13, 2026, while initiation of new trades in MFN and MSF will not be available on November 13, 2026. The Security Lending & Borrowing market type will observe a last trading date on November 10, 2026, with settlement on November 11, 2026.

According to information available from the Pakistan Stock Exchange (PSX), open positions in Margin Financing and Murabaha Share Financing will be updated following the execution of the stock split process in the Central Depository System. Additionally, Security Lending & Borrowing open positions will be force-released on November 12, 2026, after the market closes.

This strategic adjustment in share value and the subsequent schedule reshuffle have been communicated to all Clearing Members to ensure a smooth transition. The changes are expected to have a significant impact on trading activities within the designated market category.