Macter announces 5-for-1 subdivision of ordinary shares and book closure
Book ClosureMacter International Limited will subdivide each Rs. 10 ordinary share into five ordinary shares of Rs. 2 each, without changing shareholder rights or privileges. The share transfer books will remain closed on November 14, 2026; shareholders on the register at close of business on November 13, 2026 will be entitled to the subdivided shares. Existing physical certificates will be deemed cancelled effective November 14 and must be exchanged for new certificates.
Key Findings
- Shareholders approved the subdivision by special resolutions at the AGM held October 28, 2026.
- Each Rs. 10 share will become five Rs. 2 shares, with no change to rights or privileges.
- The register cutoff for entitlement is close of business November 13, 2026.
- Share transfer books close on November 14, 2026.
- Existing physical certificates are deemed cancelled from November 14, 2026 and must be surrendered for exchange.
Corporate Action Details
Action
Share Subdivision
Ratio
1 existing Rs. 10 share to 5 ordinary shares of Rs. 2 each
Record date
13/11/2026
Book closure
14/11/2026
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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.
