Ghani ChemWorld proposes 1.25 million shares right issue at Rs100 per share

Ghani ChemWorld Limited has proposed issuing 1,250,719 partially redeemable shares at Rs100 per share through a right issue, subject to shareholder approval.

The decision was taken in a board meeting held on April 6, 2026, and communicated to the Pakistan Stock Exchange (PSX) on Tuesday. 

The proposed issuance follows earlier directions from the Securities and Exchange Commission of Pakistan and will be carried out in line with applicable regulations.

The company has scheduled an Extraordinary General Meeting (EOGM) on May 2, 2026, in Lahore to seek shareholder approval for the right issue. To facilitate participation in the meeting, the company will close its share transfer books from April 24 to April 30, 2026, inclusive.

The final entitlement and book closure dates for the right issue will be determined after shareholder approval and communicated separately in accordance with regulatory requirements.