Karachi: Oilboy Energy Limited has announced the declaration of an unpaid right security, eligible for clearing, settlement, and risk management through the National Clearing and Settlement System (NCSS), as per the details provided by the National Clearing Company of Pakistan Limited. This move is set to commence trading on the Pakistan Stock Exchange (PSX) from March 27, 2025, with the last trading day marked as April 18, 2025, and settlement closure on April 22, 2025.

The unpaid right security, listed under the symbol code OBOYR2 with ISIN PK0074703031, pertains to Oilboy Energy Limited-LOR within the engineering sector. The eligibility for NCSS is effective from March 27, 2025. The security's eligibility for clearing and settlement aims to streamline the trading process, ensuring efficient management of associated risks.

According to information available from the Pakistan Stock Exchange (PSX), the designated market category for this security will follow the standard procedures for rights trading. Stakeholders are advised to provide the necessary trade feed for the security starting from the specified date to facilitate seamless transactions.

This announcement underscores the ongoing efforts to maintain systematic clearing and settlement protocols, supporting market participants in navigating the trading landscape.