Oct 21, 2026, 10:12 AM
Dandot Cement attributes unusual share-volume movement to a 70.7 million-share issue to Calicom Industries
Unusual Movement ReplyDandot Cement Company Limited responded to the PSX’s query regarding unusual movement in trading volume. The company disclosed that 70,735,574 ordinary shares were issued to its holding company, Calicom Industries (Private) Limited, against an outstanding interest-free loan. The shares were issued by way of an issue other than right on September 14, 2026, following SECP approval. The company said it was unaware of any other relevant development.
Key Findings
- Issued 70,735,574 ordinary shares to holding company Calicom Industries (Private) Limited against an outstanding interest-free loan.
- The issue was made other than by way of right on September 14, 2026, through the Central Depository Company of Pakistan Limited.
- SECP approval dated August 27, 2026, allowed the issue at Rs. 21.62 per share, for an aggregate amount of Rs. 1,529,303,120.
- The company stated it was unaware of any other matter that may be relevant to the unusual movement in share volume.
Market Query Details
Reason
Unusual volume movement
Query date
Oct 2, 2026
Response date
Oct 20, 2026
Undisclosed info?
No
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.