Karachi: Systems Limited has announced a book closure for the purpose of subdividing its shares, following a resolution passed by shareholders during the company's Annual General Meeting on April 28, 2025. The company's move involves reducing the face value of its shares from Rs. 10 per share to Rs. 2 per share.

In an official notice, Systems Limited confirmed that the share transfer books will remain closed on May 31, 2025, to facilitate the determination of shareholders' entitlements. This step is part of the company's strategy to adjust the nominal value of its shares.

According to information available from the Pakistan Stock Exchange (PSX), the decision to subdivide shares reflects a corporate action aimed at aligning the company’s share structure with its financial strategies.

Market participants and TRE Certificate holders of the exchange have been notified to take the necessary actions in accordance with the changes announced by Systems Limited. The designated market category for Systems Limited remains unchanged as it proceeds with this corporate action.