Lahore: Mitchell's Fruit Farms Limited has announced a significant alteration in its share structure following the company's Annual General Meeting (AGM) held on October 28, 2025. This move comes as the company prepares to brief investors and analysts on its operational and financial performance for the year ended June 2025.

At the AGM, held at the company's registered office and accessible via video link, shareholders passed a resolution to subdivide the face value of each ordinary share from Rupees Ten (Rs. 10/-) to Rupee One (Re. 1/-). Consequently, each share will be divided into ten ordinary shares, maintaining the existing rights and privileges. The authorized capital of the company will now consist of 1,000 million ordinary shares of Re. 1/- each, transitioning from the previous 100 million shares of Rs. 10/- each. Similarly, the issued, subscribed, and paid-up capital will shift from 66.81 million shares of Rs. 10/- each to 668.05 million shares of Re. 1/- each.

The company's upcoming Corporate Briefing Session is scheduled for November 13, 2025, at 11:00 am at its head office in Lahore, with an option for virtual attendance via video link. According to information available from the Pakistan Stock Exchange (PSX), this session aims to provide investors and analysts with a comprehensive overview of the company's performance and future strategies. Interested participants must register by November 12, 2025, to receive the necessary video link credentials.

Mitchell's Fruit Farms Limited operates within the designated market category, and the recent developments reflect its strategic approach to enhance share liquidity and appeal to a broader investor base. The amendments to the Memorandum and Articles of Association were also approved to accommodate these changes.