Naya Nazimabad Apartment REIT Debuts on PSX Main Board

September 17, 2026 (MLN): Naya Nazimabad Apartment REIT has commenced trading on the Main Board of the Pakistan Stock Exchange from today, Thursday, September 17, 2026, with settlement on a T+1 basis and the first settlement date falling on Friday, September 18, 2026.

The exchange has assigned NNAR as the REIT scheme’s market symbol, with a market lot of one unit at Rs10 each, while the opening price has been fixed at Rs23 per unit as determined through the book-building process, with normal circuit breakers applicable on the opening price in the Ready Market.

The units have already been declared an eligible security by the Central Depository Company, with all transactions to be settled through the National Clearing Company of Pakistan.

CDC Share Registrar Services Limited is acting as the Share Registrar for the REIT scheme.

The scheme will be quoted under the “Real Estate Investment Trust” sector in the exchange’s daily quotations, and following a review of its latest financial statements and business nature, it has been deemed Shariah-compliant under the KMI All Share Index screening criteria, making it eligible for inclusion in the PSX-KMI All Share Islamic Index (KMIALLSHR) from its listing date.

Source link