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PHDL to distribute Rs50 per share in liquidation

PHDL Pakistan Hotels Developers Limited
Rs. 50.40 +0.00%

March 10, 2026 (MLN): In continuation of its voluntary winding-up proceedings initiated on December 31, 2024, Pakistan Hotels Developers Ltd. (PSX: PHDL) will distribute Rs.50 per share from liquidation proceeds to its shareholders and contributories.

The company’s share transfer books will remain closed from March 25 to March 31, 2026, inclusive.

The aforementioned information was disseminated through a notification to Exchange.