KSBP increases its authorised share capital threefold

In a notification sent to the PSX on 15/03/2024, KSB Pumps Company Limited (KSBP) announced that it was increasing its authorised share capital.  .

The company has decided to increase its authorised share capital from Rs. 150,000,000 divided into 15,000,000 ordinary shares of Rs. 10/- each to Rs. 450,000,000 divided into 45,000,000 ordinary shares of Rs. 10 each.

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The shares of KSBP were trading at Rs. 114.98 at market close today.

⚠️ This post reflects the author’s personal opinion and is for informational purposes only. It does not constitute financial advice. Investing involves risk and should be done independently. Read full disclaimer →