TSBL opens 150% rights issue at Rs1 per share

MG News | February 16, 2026 at 05:14 PM GMT+05:00

0:00

February 16, 2026 (MLN): Trust Securities & Brokerage Limited (PSX: TSBL) moves forward with a 150% Right Issue at Rs1 per share.

Shareholders can subscribe to their rights through CDC in Book Entry form within the stipulated time frame, according to the company’s statement issued today.

CDC now offers an online payment facility via 1Link for rights subscription.

Investor Account Holders and Sub-Account Holders can make online payments for their respective rights using the 1Bill Payment ID printed on the Right Subscription Request through internet banking, ATMs, and mobile banking of 1Link’s member banks.

Payments for unpaid rights can also be made in cash, crossed cheque, demand draft, or pay order through all branches of JS Bank Limited.

Shareholders holding TSBL shares in physical form can renounce their Letter of Rights by depositing it into their CDC investor or sub-account to transfer to another CDC account holder.

The tentative schedule for the right issue and Right Subscription Request has been submitted for shareholder participation.

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