Lucky Core Industries set for 5:1 stock split

MG News | July 14, 2025 at 08:14 AM GMT+05:00

0:00

July 14, 2025 (MLN): The Pakistan Stock Exchange (PSX) has notified market participants of a change in the face value of Lucky Core Industries Limited (PSX: LCI) shares from PKR 10 to PKR 2, effectively implementing a 5:1 stock split.

The book closure is scheduled for Saturday, July 19, 2025, to give effect to this adjustment. Given this, trading in LCI shares will be conducted on a T+0 (same-day settlement) basis on Thursday and Friday, i.e., July 17 and 18, 2025 (BC-2 and BC-1 days).

The normal T+2 settlement cycle will resume from Monday, July 21, 2025.

Post book closure, the opening price of LCI shares on July 21 will be set at one-fifth of the closing price on July 18, reflecting the new face value.

As a result of the stock split, the total number of shares will rise from 92.36 million to approximately 461.80 million, while the paid-up capital of the company will remain unchanged.

The PSX advises investors and all concerned market participants to take note of these changes to ensure smooth settlement and compliance.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	153,866.17 113.04M	-0.36% -555.27
ALLSHR	92,322.41 289.91M	-0.18% -165.37
KSE30	47,054.02 67.50M	-0.57% -268.71
KMI30	220,139.18 52.42M	-0.81% -1787.82
KMIALLSHR	59,630.44 114.87M	-0.43% -258.98
BKTi	44,089.65 23.49M	-0.09% -38.05
OGTi	31,668.31 6.28M	-0.15% -47.11

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	71,495.00	74,210.00 70,200.00	850.00 1.20%
BRENT CRUDE	103.89	103.95 97.60	3.43 3.41%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-12.90 -11.49%
ROTTERDAM COAL MONTHLY	122.70	123.80 122.70	-1.10 -0.89%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	99.31	99.32 92.04	3.58 3.74%
SUGAR #11 WORLD	14.41	14.53 14.30	0.03 0.21%