Karachi, Stylers International Limited has announced a rights issue at a rate of 12.3%. This offering is part of the company's strategy to raise funds for expansion and to improve its competitive position in the textile industry. According to information available from the Pakistan Stock Exchange (PSX), the rights issue is aimed at providing Stylers International’s shareholders with the opportunity to invest further in the company at a potentially attractive rate. This is seen as a move to support ongoing projects and future growth plans, reinforcing the company's commitment to its long-term objectives.