PACRA to list on PSX GEM Board, effective June 30

By MG News | June 27, 2025 at 09:49 AM GMT+05:00

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June 27, 2025 (MLN): Pakistan Stock Exchange Limited (PSX) has unveiled the listing of The Pakistan Credit Rating Agency Limited (PACRA) on its Growth Enterprise Market (GEM) Board, effective Monday, June 30, 2025.

Trading in PACRA’s shares will commence on the same date and will follow the T+2 settlement cycle, with the first settlement scheduled for Wednesday, July 2, 2025.

The market lot for trading has been set at one share of Rs1 each, as per the notice issued by PSX.

In addition, PACRA's shares have already been declared eligible securities by the Central Depository Company of Pakistan Limited (CDC), and all transactions will be cleared through the National Clearing Company of Pakistan Limited (NCCPL).

The NCCPL has assigned the company code “GEMPACRA” for trading purposes.

Furthermore, the opening price of the shares has been fixed at PKR 15.05 per share, as determined through the Book Building process.

CDC Share Registrar Services Limited has been appointed as the share registrar for the company.

Lastly, PACRA will be listed under the “Miscellaneous” sector in the Daily Quotation of the Exchange.

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