INTERMARKET SECURITIES LIMITED
Fo rmerly EFG Hermes Pakistan Limited
June 4, 2025
Mr. Woseem Sottar Listing Department Pakistan Stock Exchange
Pakistan Stock Exchange Road
Karachi
Subject: Submission of Certified True Copies (CTC) reqardinq Sub-Division of Shares
Dear Mr. Waseem,
We would like to submit the following Certified True Copies (CTC) of documents pertaining to tne sub-aivision of snares, which are to be submitted to Pakistan Stock Exchange.
Auditors' Certificate
Memoronoum and Articles of Association
hOrn-24
Form - Z
Notice of Book Closure
Regards
ad Berlas
Assistant Manager-Corporate Compliance
Registered Office Branch - I
Bahria Complex-IV, Pakistan Stock Exchange New Building Cth Floor, Ext. Block, 10.th Floor, Room Nos. 1001NB-1010NB Ch. KhaIique-uz-Zaman Road, Stock Exchange Road, Karachi 74000 Gizri, Karachi-75600, Pakistan. Pakistan.Pakistan.
(92 21) 111467 000 (92 21) 111-467-000
Branch - II PIOt # 38-A,
Adjacent Genix Pharma, Korangi Creek,
Karachi 75190, Pakistan.
(92 21) J11467 000
Branch - UT Branch - IV
Pa kistan Stock Exchange Suite no. 212, 2nd Floor, 139-140 & 409,3rd and 4th FIOOF, Plot No. 118, Block-3, Stock Exchange Building, B.u.c.n.S, Karachi Stock Exchange Road, Karachi. (92 21) 34122991,
(92 21) 111467 000 34122995-6
Regional Lahore Office: 11th Floor, M.M Towers, Property No. 28, Block K,
M.M Alam Road,
Gulberg III,Lahore.
(92 42) 35788841, 35817666
www.imsecurities.com.pk t UAN (92 2J) 11J 467 000
taking you (utther
The Company Secretary lntermarket Securities Limited
Bahria Complex-IV, Sth Floor, Ext. Block, Ch. KhaIique-uz-Zaman Road, Gizri, Karachi-75600
Dear Sir,
CH ARTE RE D ACCO UNTANTS
Tel. No.: (021) 34549345-6
E-Mail :info@rsrir.com Website: https://www.rsrir.com Other Offices at
Lahore - Rawalpindi / Islamabad
Karachi;
May 29, 2025
Certificate on Paid-up Capital and revised number of Share of the Company as a result of subdivision of shares under section 85(I)(c) of the Companies Act, 2017
We have been requested to provide you with a certificate on the revised number of shares as a result of sub-division of shares under section 85 of the Companies Act, 2017.
Scope ofCertWcate
This certificate is being issued for the purpose of updating the records of the Company in Pakistan Stock Exchange Limited (PSX) and other regulator(s) (where required) about the paid-up capital of the Company and the number of shares after the sub-division of shares.
Management Responsibility
It is the responsibility of the management to ensure compliance in respect of sub-division of its Company's shares by fulfilling all the requirements of Section 8S of the Companies Act, 2017, Section 13 of Central Depository Act, 1997 and Chapter 8D of the CDC regulations.
Auditors' ResponsibilityOur responsibility is to carry out necessary procedures as may be required to confirm that the company has duly fulfilled all the requirements of section 85 of the Companies Act, 2017 and that the revised number of shares has been determined accordingly and to issue a certificate in this respect in accordance with the Guidelines for issue of Certificate for Special Purpose by Practicing Chartered Accountants Firms issued by the Institute of Chartered Accountants of Pakistan. Our verification is limited to the following procedures.
Obtained the audited financial statements of the Company for the year ended June 30, 2024 and matched the existing number of shares and the paid-up capital of the Company as at June 30, 2024 mentioned here under.
Obtained the copy of special resolution passed by the members of the Company in relation to the sub-division of shares at the Annual General Meeting of the Company held on April 28, 2025 a"nd ensured that the same has been filed with SECP through Form-7 and Form 26.
Obtained the certified true copies of Form-7 and Form 26 by SECP and checked that the revised face value mentioned in that forms matched with the revised face value of the shares mentioned hereunder.
Cont'd P/2
A mombei of
A global ilfitWork of independent accountancy firms, bu8iness consultants and specialist legal advisers.
taking you {urther
CHA RTERE D ACCO U NTANTS
Tel. No.: (021) 34549345-6
E-Mail :info@rsrir.com Website: https://www.rsrir.com Other Offices at
Lahore - Rawalpindi / Islamabad
[ 2 ]
A member ot
Recomputed the number of shares based on the revised face value subsequent to sub-division and checked that the same matched with the number of shares as per the revised share capital of the Company.
Certificate
Based on the procedures mentioned above we confirm that the paid-up capital and the number of ordinary shares before and after sub-division were/are, as under:
Description | Ordinary Shares (Nos.) | Face Value (Rs.) | Paid-up Capital (Rs.) |
Total existing authorized share capital of the Company before sub-division. | 200,000,000 | 10 | 2,000,000,000 |
Total revised authorized Share Capital as a result of Change in the Face Value | 2,000,000,000 | 1 | 2,000,000,000 |
Total existing paid up share capital of the Company before sub-division. | 128,751,024 | 10 | 1,287,S10,240 |
Total revised paid up Share Capital as a result of Change in the Face Value | 1,287,510,240 | 1 | 1,287,510,240 |
Restriction on use and distribution
This certificate is being issued on the specific request of the management for onward submission to PSX and other regulator(s) (where required). Accordingly, this should not be distributed to any other party without our prior written consent. This certificate is restricted to the facts as stated herein and is not to be presented in any court of law.
Rahman Sarfaraz Rahim Iq a Rafiq Chartered Accountants
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