Karachi: Pakistan Stock Exchange Limited (PSX) has unveiled two new forms in its PUCARS system, aimed at streamlining corporate announcements for listed companies. This development was announced on July 23, 2026, signifying PSX's ongoing efforts to enhance corporate governance practices and transparency within its regulated entities.
The introduction of these forms allows companies to manage specific types of corporate actions more efficiently. The new "Notice of Closure of Share Transfer Books - FORM A2-17" can be utilized for announcements related to right issues, changes in face value or sub-division of shares, acquisition of shares, and other specified actions. Meanwhile, the "Notice for Date of Final Book Closure - FORM A2-18" is designated for final book closures concerning mergers, demergers, and amalgamations of shares.
According to information available from the Pakistan Stock Exchange (PSX), these changes are designed to facilitate listed companies in ensuring timely and accurate dissemination of information to stakeholders. The forms are mandated for use in all corporate announcements, excluding those related to dividends and bonuses.
The PSX emphasizes its commitment to adopting measures that support good corporate governance and improve the overall efficiency of information sharing within the market. These new forms are expected to promote greater transparency and help maintain the integrity of corporate disclosures.