Thatta Cement to change share face value to Rs2

July 04, 2025 (MLN): Thatta Cement Company Limited (PSX: THCCL) has disclosed a change in the face value of its shares from Rs10 to Rs2, effective from July 14, 2025.

In light of this change, THCCL shares will be traded on a T+0 basis on Thursday, July 10, and Friday, July 11, 2025, due to the stock split. Regular T+2 settlement will resume on Monday, July 14, 2025, with the adjusted price.

Since THCCL is also a DFC-eligible security, a revised trading and settlement schedule has been outlined, according to the notice issued by PSX.

Trading and Settlement Schedule with the entitlement:

 Trading and Settlement Schedule without the entitlement:

 Trades executed in JULB, AUGB, and SEPB contracts will not be eligible for entitlement and will be traded on an ex-benefit basis.

Additionally, there will be an overlapping period between entitlement and non-entitlement contracts, spanning two trading days—July 7 and July 8, 2025.

The opening price of THCCL shares on Monday, July 14, 2025, will be one-fifth of the closing price of Friday, July 11, 2025, by the stock split.

The total number of shares will increase from 99.72 million to 498.59m, while the paid-up capital of the company will remain unchanged.

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