Notices Closed 29 Jun 2026
Company Notice: Reduction of Ordinary Share Capital under Section 85(1)(c), Companies Act 2017
Company Notice · Karachi · Nawa-i-Waqt,
Notice advertisement published in Nawa-i-Waqt on Tuesday, 9 June 2026, listed under Karachi. Issued by Company Notice. The last date printed on the advertisement was Monday, 29 June 2026 and has passed.
The original image is temporarily unavailable. Use the source link or the details below. Open the full-size clipping Advertisement details
A company has published a public notice under Section 85(1)(c) of the Companies Act, 2017 proposing a reduction of its ordinary share capital. The notice gives the key financial figures and the legal basis for the reduction.
| Issuer | The company named in the notice (name in Urdu at top of the advertisement) |
|---|---|
| Legal basis | Section 85(1)(c) of the Companies Act, 2017 |
| Proposal | Reduction of ordinary share capital by reducing the nominal value of ordinary shares. |
| Current total ordinary share capital (shown) | Rs. 800,766,520 |
| Proposed reduced ordinary share capital (shown) | Rs. 80,076,652 |
| Nominal value per ordinary share (implied) | From Rs.10 to Rs.1 (implied by the tenfold reduction in totals shown) |
| Registered office / contact city | Karachi |
| Notice date | 2026-06-29 |
Interested parties should refer to the published notice for full details and any instructions about objections or claims. The notice was issued from the company's Karachi office and cites the Companies Act as the legal authority for the proposed capital reduction.
Published in Nawa-i-Waqt on Tuesday, 9 June 2026. DailyAds.pk indexes newspaper advertisements; the original notice and the issuing organisation remain the source for final terms and eligibility.
Questions about this notice
- What is the last date for this notice?
- The advertisement prints Monday, 29 June 2026. That date has passed.
- Which newspaper published this notice?
- Nawa-i-Waqt, in the edition of Tuesday, 9 June 2026.
- Which city is this notice for?
- Karachi — the location listed for this advertisement.
- How do I respond to this notice?
- Follow the instructions printed in the clipping; the advertiser’s own page is linked from this one. Applications are not submitted through this page.
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