Loads Limited considers right issue of up to Rs1.5 billion to meet working capital needs

Loads Limited has announced that its board of directors is considering a potential right issue of up to Rs1.5 billion to meet working capital and growth requirements, according to a notice submitted to the Pakistan Stock Exchange (PSX) on Friday.

The company stated that the right issue, if approved and announced at a later stage, would involve the issuance of ordinary shares at a price not exceeding Rs12.5 per share. 

The proceeds will primarily be used to finance working capital needs, potential business expansion in local and export markets, and other purposes determined by the board.

The board met on October 23, 2025, at the company’s registered office in Karachi and resolved to explore the possibility of conducting the issue in the near future. 

Loads Limited said the move will enable its shareholders, including associated concerns, to obtain necessary corporate approvals to invest in the offering once announced.

“The Board may approve and announce the actual right issue at a future date in accordance with applicable laws, as it deems fit,” the notice added.

The PSX has been informed to notify all TRE certificate holders regarding the company’s intention.