WorldCall Telecom Limited has completed the operational procedures for its court-sanctioned capital reduction and consequential stock split, following approval by the Lahore High Court.
The company informed the Pakistan Stock Exchange (PSX) that the restructuring was sanctioned by the Lahore High Court through an order dated July 8, 2026, in C.O. No. 31942 of 2026.
According to the company’s disclosure, the restructuring was implemented through two sequential steps.
First, the company reduced its paid-up ordinary share capital in accordance with the court order. This was followed by a stock split under which each remaining ordinary share with a face value of Rs. 10 was subdivided into 10 ordinary shares of Rs. 1 each.
Number of Shares Remains Unchanged
WorldCall Telecom clarified that the integrated restructuring has resulted in no net change in the total number of ordinary shares.
However, the nominal value of each ordinary share has been reduced from Rs. 10 to Rs. 1.
| Particular | Before Restructuring | After Restructuring |
|---|---|---|
| Number of Ordinary Shares | Unchanged | Unchanged |
| Nominal Value per Share | Rs. 10 | Rs. 1 |
| Net Effect on Number of Shares | — | Nil |
The company said the capital reduction and stock split constitute components of a single integrated, court-sanctioned capital restructuring, with the steps carried out sequentially for operational purposes.
WorldCall said the accounting impact of the capital reduction and broader restructuring will be reflected in its financial statements through appropriate adjustments to capital reserves, discount on shares and other relevant reserves and equity accounts.
According to the company, the restructuring is intended to rationalize and realign its equity structure, facilitate the elimination or absorption of historical balance-sheet distortions and support a cleaner and more sustainable balance sheet.
WorldCall Telecom has requested the Pakistan Stock Exchange to disseminate the information to TREC holders and the investing public through the exchange’s information dissemination system.
The completion marks the operational implementation of the capital restructuring approved by the Lahore High Court, with the company now moving toward reflecting the resulting changes in its financial and equity structure.
