Karachi: Pace (Pakistan) Limited has announced a significant enhancement in its paid-up capital following the issuance of shares under the company's Employee Share Option Scheme (ESOS) 2025. As per the latest update, the company's paid-up capital has increased from 450,021,219 to 484,450,429 shares. This development follows the allotment of 34,429,210 shares to eligible employees, including Executive Directors, who have exercised their share options.

The issuance of these shares comes under the second issue of the ESOS scheme and has been executed without a right offer, in accordance with Section 83/83A of the Companies Act, 2017. Compliance with all corporate, legal, and regulatory requirements has been ensured, according to company officials.

On the date of credit of shares into the respective Central Depository Company (CDC) sub-accounts, Monday, July 13, 2026, the closing market price for the shares was Rs.11.23 per share. According to information available from the Pakistan Stock Exchange (PSX), this transaction marks a notable expansion in the company's equity base.

The Central Depository Company of Pakistan Limited has confirmed the credit of 34,429,210 securities of Pace (Pakistan) Limited into the respective accounts within the Central Depository System as of the end of the day on July 13, 2026. The company’s records now reflect a total paid-up capital of 484,450,429 securities, and any discrepancies are to be urgently reported.

This expansion of capital through the ESOS reflects the company's commitment to enhancing employee engagement and investment in its growth trajectory.