ISLAMABAD, Aug 17: The Islamabad Stock Exchange (ISE) has completed the scheme of Corporatisation, Demutualisation and Integration Act 2012 by transferring shares equally among the approved 121 initial shareholders of the exchange (members).

The general body of ISE unanimously approved the new Memorandum and Articles of Association of Islamabad Stock Exchange Limited for converting its status to company limited by shares, as approved by Securities and Exchange Commission of Pakistan (SECP).