Mughal Energy to debut on PSX GEM board tomorrow

MG News | June 12, 2024 at 11:29 AM GMT+05:00

0:00

June 12, 2024 (MLN): Pakistan Stock Exchange Limited (PSX) has announced the listing of Mughal Energy Limited on the Growth Enterprise Market (GEM) Board with effect from tomorrow i.e. Thursday, June 13, 2024.

Trading in the company's shares will commence on the PSX Main Board and be settled on a T+2 basis, with the first settlement date being Thursday, June 20, 2024.

The opening Price of the company's shares will be Rs10 per share.

Moreover, the company will be quoted in the "Power Generation & Distribution" sector in the Daily Quotation of the Exchange.

It is crucial to note that the shares of the company have already been declared as an eligible security by the Central Depository Company of Pakistan Limited (CDC) and all the transactions shall be settled through the National Clearing Company of Pakistan Limited (NCCPL).

NCCPL has assigned "GEMMEL" to the company as their company code/security symbol.

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