JSIL’s paid up capital reduces to 61.7 mln shares on account of buy-back
MG News | September 25, 2019 at 11:08 AM GMT+05:00
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September 25, 2019 (MLN): In pursuant to the buyback of 18,397,562 shares of Rs 10 each, the paid-up capital of JS Investments Limited (JSIL), a subsidiary of JS Bank Limited has been reduced from 80,171,818 shares to 61,774,256 shares of Rs 10 each, revealed an official notification issued by JS Bank to the PSX.
As a result, the percentage of JS Bank Limited’s 52,236,978 shares in JSIL has increased from 65.16% to 84.56%.
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