Service Long March Tyres Limited to Debut on Pakistan Stock Exchange

Karachi: Service Long March Tyres Limited is set to make its debut on the Pakistan Stock Exchange (PSX) on Monday, June 15, 2026, as announced in a report dated June 11, 2026. The company's shares will begin trading on the PSX's Main Board, marking a significant entry into the capital markets.

Trading of Service Long March Tyres Limited shares will adhere to a T+1 settlement basis, with the initial settlement scheduled for Tuesday, June 16, 2026. The market lot for the company's shares has been set at one share, valued at PKR 2 each. Notably, the shares have already been recognized as an eligible security by the Central Depository Company of Pakistan Limited, ensuring that all transactions will be processed through the National Clearing Company of Pakistan Limited.

The assigned Company Code or Security Symbol for Service Long March Tyres Limited is "SLM." The opening price for the company's shares has been determined at PKR 19.95 per share through the Book Building process, and normal circuit breakers will apply to this price in the Ready Market. M/s CDC Share Registrar Services Limited will serve as the Share Registrar for the company, with their office located at CDC House, 99-B, Block-B, S.M.C.H.S, Main Shahrah-e-Faisal, Karachi.

According to information available from the Pakistan Stock Exchange (PSX), Service Long March Tyres Limited will be categorized in the "Automobile Parts & Accessories" sector in the Daily Quotation of the Exchange. Additionally, following a review of its financial statements and business nature, the company has been deemed Shariah Compliant under the Shariah Screening Criteria of the KMI All Share Index. Consequently, it will be included in the PSX-KMI All Share Islamic Index (KMIALLSHR) upon its listing.