On February 20, 2026, Bank Makramah Limited submitted a Scheme of Arrangement to the Islamabad High Court (IHC) aimed at reorganizing its share capital, primarily to benefit minority shareholders. The proposed scheme, which is pending regulatory approvals and IHC's sanction, involves a reduction of the sponsor's shareholding from 86.12% to 75.8%, effectively canceling 10.32% of the sponsor's existing shares. This adjustment will allow the bank to issue an equivalent number of new shares to remaining shareholders at no cost. The bank emphasized that this initiative is designed to strengthen shareholder equity and improve the ownership structure, stating, "the scheme is intended to benefit the minority shareholders of the bank." Currently, the sponsor holds 861,163,882 shares, and the eligibility for receiving new shares will depend on the shareholders registered on the bank's Book Closure Date, which will be determined post-IHC approval (Business Recorder, February 20, 2026; Profit by Pakistan Today, February 20, 2026).