Zuma Resources Shareholders Approve 1:5 Share Split at EGM.

Shareholders of Zuma Resources Limited (PSX: ZUMA) have formally approved a major capital restructuring involving a 1:5 share split during an Extraordinary General Meeting (EGM) held on August 1, 2026.

The special resolution, passed under Section 85(1)(c) of the Companies Act, 2017, reduces the face value of each ordinary share from Rs10 to Rs2.

Share Subdivision Framework

Under the approved restructuring plan, each existing ordinary share will be subdivided into five ordinary shares:

• Paid-Up Capital: Remains fixed at Rs141 million.
• Total Outstanding Shares: Expands from 14.1 million shares (face value Rs10) to 70.5 million ordinary shares (face value Rs2).
• Rights & Privileges: Rights and voting privileges attached to the subdivided shares remain identical to existing ordinary shares.

Memorandum Amendments and Authorized Capital

Shareholders also approved amendments to Clause 5 of the company’s Memorandum of Association to align with the revised capital structure.

The company’s authorized share capital is now designated as Rs350 million, divided into 175 million ordinary shares with a nominal value of Rs2 each.

Executive Authorization and Next Steps

The Chief Executive Officer and Company Secretary have been jointly and/or individually authorized to execute necessary administrative actions and complete corporate filings with statutory bodies.

Final document submissions will be transmitted to the Securities and Exchange Commission of Pakistan (SECP), the Pakistan Stock Exchange (PSX), and the Central Depository Company (CDC).

The resolution remains subject to any minor procedural modifications or directions issued by regulatory bodies, which will be integrated without requiring fresh shareholder votes.

Zuma Resources Limited, formerly Bilal Fibres Limited, operates from its registered office in DHA Phase 8, Lahore, and trades under ticker ZUMA as it expands its footprint across technology and digital asset investments.