Aisha Steel Offers Preferred Shares; Declares Dividends for Convertible Preference Shares

Karachi, Aisha Steel, trading under ASLCPS for its convertible preference shares, marked a price of 24.90 Rupees. The company, with a paid-up capital of 1.38 million Rupees, announced a dividend of 1.17 Rupees per share but did not specify distributions for future periods. Meanwhile, Aisha Steel’s non-convertible preference shares, symbolized as ASLPS, were priced at 7.50 Rupees with a capital base of 443.57 million Rupees and a dividend declaration of 1.18 Rupees per share. The EPS for ASLPS stood at 6.1 in the first quarter of 2024.