Service Industries Limited Announces Change in Share Face Value

Karachi: The National Clearing Company of Pakistan Limited has announced a change in the face value of the shares of Service Industries Limited (SRVI), effective August 24, 2026. This announcement follows the Pakistan Stock Exchange's (PSX) Notice No. PSX/N-1003 dated August 17, 2026, outlining the upcoming modifications.

The adjustment will affect trading and settlement activities in the Regular and Leverage Markets. According to the schedule, trading on August 19, 2026, will settle on August 20, 2026, under a T + 1 settlement cycle. Any pending deliveries will undergo a square-up or close-out process on August 21, 2026. Similarly, trades executed on August 20 will also settle on August 21, following the same cycle. On August 21, trades will settle on the same day with a T + 0 cycle, with pending deliveries addressed on that day.

According to information available from the Pakistan Stock Exchange (PSX), these changes are part of a structured approach to ensure seamless trading and settlement processes amidst the alteration in face value. Shareholders and market participants are advised to take note of these changes in their trading strategies and settlement plans.

The designated market category for Service Industries Limited remains unchanged. Stakeholders are encouraged to stay informed of any further updates from the National Clearing Company or the Pakistan Stock Exchange regarding this development.