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Karachi: Allied Rental Modaraba (ARM), listed in 2007, closed at a rate of Rs. 27.00 per share with a daily weighted average rate also at Rs. 27.00. The company, with a paid-up capital of Rs. 2,200 million, announced a 15% distribution for the year ending in June. No previous distributions were reported for the years 2021, 2022, or 2023. ARM’s market lot consists of 500 shares, and it recorded a turnover with a high rate of Rs. 25 and a low rate of Rs. 152,500. The previous book closure was on October 20.
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