Lahore: Zuma Resources Limited has formally announced the details concerning its upcoming subdivision of shares, following approval from shareholders during the Extraordinary General Meeting held on August 01, 2026. The Company has resolved to alter the face value of its shares from Rs. 10 to Rs. 2 each, as per the special resolutions passed by the members.
The Share Transfer Books of Zuma Resources Ltd will be closed on Saturday, August 29, 2026, to finalize the entitlement of shareholders for the newly subdivided shares. Shareholders recorded in the Register of Members by August 28, 2026, will receive five ordinary shares of Rs. 2 each for every one ordinary share of Rs. 10 held.
Members who hold shares in physical form are instructed to submit their original share certificates, along with verified transfer deeds if applicable, and a certified copy of their CNIC. These documents should be delivered to the Company's Share Registrar, M/s. Corplink (Private) Limited, situated at Wings Arcade, 1-K, Commercial, Model Town, Lahore, subsequent to the closure on August 29, 2026, for the issuance of new share certificates.
The designated market category in which Zuma Resources participates will experience this structural change, impacting the composition of its shareholdings. According to information available from the Pakistan Stock Exchange (PSX), the subdivision decision aligns with Zuma Resources Ltd's strategic objectives to enhance liquidity and make its shares more accessible to a broader base of investors.