Ghani Chemical Industries Limited Updates Paid-Up Capital

Karachi: Ghani Chemical Industries Limited (GCIL) has announced an update to its paid-up capital, according to documentation received. The update follows correspondence initiated on May 9, 2025, and includes several certified documents intended to fulfill regulatory requirements.

On May 13, 2025, the company issued a cheque, numbered 00342369, amounting to Rs. 1,649,798 in favor of the Pakistan Stock Exchange Limited. This payment was made after tax deductions of Rs. 64,643 and included a 20% Sindh Sales Tax amounting to Rs. 42,158. The payment is related to the increase in the company's paid-up capital and a fee for the Securities and Exchange Commission of Pakistan (SECP).

According to information available from the Pakistan Stock Exchange (PSX), the update involves a certified auditor's certificate, which has been verified by the Company Secretary. Additionally, a digitally certified copy of Form 03, also certified by the Company Secretary, was submitted as part of the documentation.

The updates are part of routine regulatory compliance to ensure that the records of the company's paid-up capital are accurate and up-to-date. Ghani Chemical Industries Limited operates within the chemicals sector of the designated market category. The company has not released any further statements regarding the impact of this update on its operations or future plans.