Karachi: Worldcall Telecom Limited (WTL) has announced a reduction in share capital and a subdivision of its shares, according to a recent notice. The company has outlined the book closure period from Saturday, August 8, 2026, to Sunday, August 9, 2026, to implement these changes. The par value of shares will be revised from PKR 10 to PKR 1.

The trading in WTL shares in the Ready Market will follow a modified settlement cycle on a T+0 basis for the trading day of BC-1 on Friday, August 7, 2026. This adjustment is due to the reduction in share capital and subdivision of shares. According to information available from the Pakistan Stock Exchange (PSX), normal settlement on a T+1 cycle will resume on Monday, August 10, 2026, with the revised price and outstanding shares.

As WTL is a DFC eligible security, the trading schedule with entitlement will operate as follows: Contracts opened on June 1, 2026, and June 29, 2026, will close on August 5, 2026, with settlement on August 6, 2026. Meanwhile, trading and settlement without entitlement will see contracts opening on August 3, 2026, and closing on August 28 and September 25, 2026, respectively.

Trades in AUGB and SEPB contracts during the overlapping period from August 3 to August 5, 2026, will be on an ex-benefit basis and not eligible for entitlement. The WTL-OCT contract will commence on an adjusted price effective Monday, August 3, 2026.

The adjusted price on Monday, August 10, 2026, will be based on the closing price from the last trading day in the Ready Market on Friday, August 7, 2026. These changes are contingent upon the company fulfilling all relevant requirements.