EWIC to increase authorized share capital to Rs2.5bn
MG News | March 31, 2023 at 11:56 AM GMT+05:00
March 31, 2023 (MLN): The Board of Directors (BoD) of East West Insurance Company Limited (PSX: EWIC) has approved to increase in the authorized capital of the company from Rs2 billion to Rs2.5bn, the company's filing on PSX showed today.
This will be divided into 250 million ordinary shares at the rate of Rs10 each.
To make this change effective immediately, the company's Memorandum and Articles of Association will need to be amended to reflect the increased authorized capital and the division of shares.
Accordingly, a special resolution will be presented at the upcoming Annual General Meeting for approval.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 167,894.40 140.39M | 1.22% 2027.08 |
| ALLSHR | 101,482.62 310.85M | 1.06% 1067.50 |
| KSE30 | 50,159.64 62.59M | 1.29% 641.16 |
| KMI30 | 240,819.77 52.01M | 1.39% 3308.48 |
| KMIALLSHR | 65,700.92 192.09M | 1.04% 676.66 |
| BKTi | 46,786.97 12.84M | 1.30% 601.64 |
| OGTi | 34,536.65 4.95M | 1.79% 607.26 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 86,330.00 | 86,420.00 85,350.00 | 325.00 0.38% |
| BRENT CRUDE | 98.84 | 100.99 98.47 | -1.48 -1.48% |
| RICHARDS BAY COAL MONTHLY | 128.50 | 0.00 0.00 | 1.40 1.10% |
| ROTTERDAM COAL MONTHLY | 145.30 | 145.45 145.30 | 1.45 1.01% |
| USD RBD PALM OLEIN | 1,167.50 | 1,167.50 1,167.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 87.94 | 90.05 87.56 | -1.49 -1.67% |
| SUGAR #11 WORLD | 20.69 | 20.90 20.58 | -0.04 -0.19% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()