Karachi: Macter International Limited has announced a significant change in the face value of its shares, reducing it from PKR 10 to PKR 2, according to a report released on November 6, 2026. The announcement was made through the Pakistan Stock Exchange (PSX) website, which detailed the company's plans for a single-day book closure on Saturday, November 14, 2026.

The alteration in face value will affect the trading cycle of Macter shares, which will temporarily operate on a T + 0 basis for the trading day preceding the book closure, specifically on Friday, November 13, 2026. From Monday, November 16, 2026, the trading will revert to the normal T + 1 settlement cycle. The adjustment coincides with a stock split, which will increase the total shares from 45,811,018 to 229,055,090 while maintaining the company's paid-up capital at its current level.

According to information available from the Pakistan Stock Exchange (PSX), the opening price of Macter shares on November 16, 2026, will reflect the change, being one fifth of the closing price on November 13, 2026. This adjustment is part of the designated market category for Macter shares, underscoring a strategic move to enhance trading activity.