WorldCall Announces 10-for-1 Stock Split Following Capital Reduction

WorldCall Telecom Limited has finalized a court-approved capital restructuring that has reduced the nominal value of its ordinary shares from Rs. 10 to just Rs. 1. Despite this capital reduction, the company has maintained the same total number of shares. The restructuring process, approved by the Lahore High Court on July 8, 2026, consisted of reducing the paid-up ordinary share capital followed by a stock split. The Pakistan Stock Exchange was informed about the completion of the process on August 10.

Under the stock split, each share with a nominal value of Rs. 10 was divided into 10 shares, each now worth Rs. 1. Notably, the overall number of shares remained unaffected by the split. WorldCall stated that the effect on the number of shares was effectively zero, while the nominal value per share was reduced from Rs. 10 to Rs. 1. The company explained that the capital reduction and stock split were part of a single, integrated restructuring process carried out sequentially.

The accounting implications of the restructuring will be reflected in WorldCall's financial statements through adjustments to capital reserves, share discounts, and other relevant equity accounts. The company aims to use the restructuring to rationalize and realign its equity structure, resolve past distortions on the balance sheet, and establish a cleaner and more sustainable financial foundation.