DNCC · Dandot Cement Company Limited
SECP Approves Dandot Cement Share Issue Other Than Right
Official PSX filing title: DNCC | Dandot Cement Company Limited Application Under Section 83(1)(b) pf the Companies Act 2017 Read with Regulation 5 of the Companies (Further Issue of Shares) Regulations 2020 fpr Further Issue of Shares By Way of Other Than Right.
- Filed
- 13 October 2026 at 10:18 am
- Category
- Other
- Sentiment
- Good
- Impact
- Medium
Executive summary
The Securities and Exchange Commission of Pakistan (SECP) has approved Dandot Cement Company Limited's application to issue ordinary shares by way of other than right to two associated companies for loan conversion, totaling 42,396,300 shares.
Key takeaways
- SECP approved share issuance other than right for debt conversion
- Total shares to be issued: 42,396,300
- Issued to two associated companies against outstanding interest-free loans
- Subject to compliance with specified regulatory conditions
- #secp
- #shares
- #debt-conversion
- #regulatory-approval
Please cross-check with the official PSX filing before making an investment decision.