Shield Corporation Limited (PSX:SCL) has approved the voluntary delisting of its shares from the Pakistan Stock Exchange. The company shared this development in a notice to PSX through PUCARS.

The Board of Directors of the company, in its meeting held on Wednesday, November 19, 2025 at 11:00 a.m. at Karachi, resolved to delist the Company from PSX under rule 5.14 of Voluntary Delisting rules of the Rule Book.

The Company shall submit a formal application to the PSX and for which sponsors of the Company have been authorized to buyback ordinary shares held by minority shareholders of the Company to an extent and at a price to be determined in accordance with the regulations or as may be determined by the PSX or the Securities Exchange Commission of Pakistan for the purposes of voluntary Delisting of the Company from the PSX.