⚡ Flash Summary

Central Depository Company of Pakistan Limited (CDC) has announced the schedule for handling unpaid rights of Liven Pharma Limited (LIVENR) through the CDS system. The book closure dates are set for November 27, 2025. The rights ratio is 21.4960459045%. Trading of unpaid rights (LoR) at the stock exchange commences on December 1, 2025, and the tentative date for credit of shares against paid rights is January 6, 2026.

📌 Key Takeaways

• 🗓️ Schedule announced for handling unpaid rights of Liven Pharma Limited (LIVENR).
• 🏦 Handling to be done through the Central Depository System (CDS).
• 📅 Book closure dates set for November 27, 2025.
• ⚖️ Rights ratio specified as 21.4960459045%.
• 🏢 Right Security Name: Liven Pharma Limited – LoR (LIVENR).
• 🆔 Right Security ISIN: PK0055103011.
• 🏦 Banker to the Right Issue: All Branches of Meezan Bank Limited.
• 💻 Online Payments: Refer to Attached Guidelines.
• 📈 Commencement of trading of unpaid rights (LOR) at Stock Exchange: December 1, 2025.
• ⏳ Last date for initiation of deposit request: December 4, 2025.
• 📉 Last date of trading at Stock Exchange: December 15, 2025.
• 🔒 Last date for initiation of Pledge request: December 17, 2025.
• 🚚 Last date for movement of securities: December 17, 2025 (Free Delivery Transaction).
• 💰 Last date of Subscription request & payments: December 22, 2025.
• ✅ Tentative date for credit of shares against paid rights: January 6, 2026.

🎯 Investment Thesis

Given that the announcement is purely procedural and relates to the handling of unpaid rights, a HOLD recommendation is appropriate. The fundamental factors affecting the company’s value, such as its financial performance and market position, remain unchanged. No specific price target can be determined based solely on this announcement. The time horizon is medium-term, pending further information on the company’s performance and market conditions.