Karachi: In an announcement dated January 26, 2026, the Pakistan Stock Exchange (PSX) declared revisions to the trading and settlement schedule for deliverable future contracts tied to Mari Energies Limited. This change follows the announcement of a book closure date for the company. The affected contracts, previously detailed in notices dated October 31, November 28, and December 26 of 2025, include DFC-JAN-26, DFC-FEB-26, and DFC-MAR-26.

The updated schedule specifies that for the January contract (DFC-JAN-26), trading opened on November 3, 2025, and will now close on January 29, 2026, with settlement occurring on February 2, 2026. Similarly, both the February and March contracts will open on December 1 and December 29 of 2025, respectively, maintaining the same closing and settlement dates as the January contract.

When trading without the entitlement of benefit, the February 'without benefit' contract (FEBB) will commence on January 27, 2026, closing on February 27, 2026, with settlement on March 3, 2026. The March 'without benefit' contract (MARB) will follow a similar timeline, opening on January 27, 2026, and concluding on March 27, 2026, with settlement on March 31, 2026.

According to information available from the Pakistan Stock Exchange (PSX), the overlapping period for the security, during which both cum-benefit and ex-benefit transactions may occur, is set for three trading days beginning January 27, 2026, and ending on January 29, 2026. This adjustment marks a significant move in the trading schedules, necessitating that all concerned parties take note of these changes.

The PSX reserves the right to further modify these dates or alter contract durations if necessary. It is important for traders to recognize that shares traded under the FEBB and MARB contracts will not be eligible for entitlements and will proceed on an ex-benefit basis.