SRVI sets August 22 book closure for 10-for-1 stock split

Mettis Global reported that Service Industries Limited (SRVI) has fixed a single-day book closure for Saturday, August 22, 2026. The closure is meant to implement a change in face value from Rs10 to Rs1 per share, which amounts to a 10-for-1 split. The shares are listed on the Pakistan Stock Exchange.

Trading in the stock on Friday, August 21, 2026 will run on a modified T+0 settlement basis because of the split. Normal T+1 settlement is scheduled to resume on Monday, August 24, 2026. The opening price on August 24 will be one-tenth of the August 21 closing price.

The number of outstanding shares will climb from 46,987,500 to 469,875,000. Paid-up capital, however, will remain unchanged, according to the PSX notice.