Wahdat Poultry to list on PSX at Rs18 on May 8

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MG News | May 06, 2026 at 03:01 PM GMT+05:00

May 06, 2026 (MLN): In a move that adds fresh momentum to Pakistan’s evolving equity landscape, the Pakistan Stock Exchange (PSX) has officially announced the listing of Wahdat Poultry Farm Limited.

Trading in Wahdat Poultry’s shares will kick off on Friday, May 08, 2026, on the Main Board of PSX, opening at PKR 18 per share, a price discovered through the book-building process, reflecting investor appetite during the pre-listing phase.

The company will trade under the symbol “WAHDAT”, with a notably investor-friendly market lot of just one share, potentially widening retail participation.

The stock will follow a T+1 settlement cycle, with its first settlement scheduled for May 11, 2026, aligning with PSX’s push for improved liquidity and faster trade execution.

Behind the scenes, the infrastructure is already in place. The company’s shares have been declared eligible by the Central Depository Company of Pakistan Limited (CDC), ensuring seamless electronic custody, while clearing and settlement will be handled by the National Clearing Company of Pakistan Limited.

Positioned within the “Food & Personal Care Products” sector, Wahdat Poultry enters the bourse at a time when Pakistan’s food security and agribusiness sectors are increasingly drawing investor attention amid shifting consumption patterns and supply chain dynamics.

In a notable boost for Shariah-conscious investors, the company has also been classified as Shariah-compliant under the screening criteria of the KMI All Share Index.

Consequently, it will be included in the PSX-KMI All Share Islamic Index (KMIALLSHR) from the day of its listing—opening doors to a broader pool of Islamic funds and investors seeking compliant opportunities.

The company’s share registrar, CDC Share Registrar Services Limited, will manage shareholder records and related services, ensuring operational smoothness post-listing.

As the opening bell rings on May 8, all eyes will be on how WAHDAT performs, whether it merely takes flight or truly soars in Pakistan’s increasingly vibrant stock market story.

Copyright Mettis Link News

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