Pakistan, March 11 -- Intermarket Securities Limited (IMS) has announced a stock split to enhance market liquidity. The company will reduce its share face value from Rs. 10 to Re. 1. This decision comes as part of a strategy to make shares more accessible to investors. The announcement was made in a filing at the Pakistan Stock Exchange (PSX) on Tuesday.
The Board of Directors approved this subdivision during a meeting held on March 11, 2025. They believe that this move will align IMS's stock price with broader market participation. The company seeks to create a stronger connection with investors through this initiative.
Following the stock split, IMS's total share capital will restructure significantly. The ordinary shares will increas...
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