MTL shares to split 1 into 2

June 12, 2026 (MLN): Shareholders of Millat Tractors Limited approved the sub-division of the company’s ordinary shares from Rs10 each to Rs5 each at an Extra Ordinary General Meeting held on June 05, 2026.

Under the approved arrangement, shareholders will be entitled to receive two ordinary shares of Rs5 each for every one share of Rs10 held in their name.

For the purpose of determining entitlement, the share transfer books of the company will remain closed on June 20, 2026, while shareholders whose names appear in the register of members at the close of business on June 19, 2026 will qualify for the sub-divided shares.

Transfers received at the office of the Company’s Share Registrar, M/s CDC Share Registrar Services Limited, will be treated as timely for entitlement purposes.

All existing physical share certificates will stand cancelled, and shareholders holding shares in physical form will be required to surrender their original share certificates along with duly verified transfer deeds, if any, and attested copies of valid CNICs after June 19, 2026 for issuance of new share certificates.

The aforementioned information was disseminated through a notification to Exchange.

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