On July 23, 2026, the Pakistan Stock Exchange (PSX) approved Shield Corporation Limited’s request for voluntary delisting. The delisting will take effect on Monday, July 27, 2026, pursuant to PSX Regulation No. 5.14 and Section 19(5) of the Securities Act, 2015.
Shareholders wishing to participate in the sponsors’ share buyback program have been directed to contact Arif Habib Limited, appointed as the purchase agent for the transaction. The purchase agent and the sponsors have submitted an undertaking to buy the remaining shares held by minority shareholders at Rs 750 per share. This offer will remain valid until July 16, 2027.
Key dates for the buyback and delisting process are outlined below:
– Initial Buyback Period: May 18, 2026 – July 16, 2026
– Completion of Voluntary Delisting Requirements: July 18, 2026
– Delisting from PSX: July 27, 2026
– Buyback Offer Validity: Until July 16, 2027
The information was disseminated via an official notification to the exchange.