Beco Steel stock split: shares face value drops to Rs1

MG News | November 10, 2025 at 12:30 PM GMT+05:00

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November 10, 2025 (MLN): Beco Steel Limited (PSX: BECO) will change the face value of its shares from Rs10 to Rs1 following a stock split, effective after the upcoming book closure. The decision is available on the Pakistan Stock Exchange (PSX) website.

Trading of BECO shares will follow a modified settlement cycle (T+0) on Thursday, November 13, 2025, and Friday, November 14, 2025, the two days preceding the book closure. Normal trading settlement (T+2) resumes on Monday, November 17, 2025, the first working day after the book closure.

With the stock split, the opening price of BECO shares on November 17, 2025, will be one-tenth of the closing price on November 14, 2025. The total number of shares will increase from 124,962,510 to 1,249,625,100, while the company’s paid-up capital remains unchanged.

Investors and market participants are advised to take note of the changes. The stock split is expected to enhance liquidity and make BECO shares more accessible to retail investors.

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