Karachi: World Call Telecom Limited (WTL) has announced a reduction in share capital and subdivision of shares, as per the latest notification from the National Clearing Company of Pakistan Limited. The announcement follows the directive outlined in PSX Notice No. PSX/N-959 dated July 31, 2026.

According to the report dated August 5, 2026, the trading and settlement schedule for WTL shares in the Regular and Leverage Markets has been established. The schedule details the trading and settlement dates, alongside the settlement cycle and process for pending deliveries.

The schedule begins with trading on August 5, 2026, with a settlement date of August 6, 2026, under a T + 1 settlement cycle. Any pending deliveries from this session are slated for either square-up or close-out on August 7, 2026. The second trading session on August 6, 2026, will also follow a T + 1 settlement cycle, with the settlement date on August 7, 2026. Pending deliveries from this session will undergo a close-out process on the same day.

On August 7, 2026, trading will conclude with a T + 0 settlement cycle, and any pending deliveries will be closed out on that date. This structured approach aims to streamline the trading process amidst the adjustments in WTL's share capital and subdivision.

According to information available from the Pakistan Stock Exchange (PSX), the changes in share capital and subdivision are part of WTL's strategic efforts to enhance market liquidity and align with regulatory requirements.

This development, falling under the designated market category of telecommunications, is expected to have a notable impact on stakeholders and market participants engaged with World Call Telecom Limited.