Karachi: Bawany Air Products Limited has announced a book closure period for the entitlement of right shares, as per their communication dated August 26, 2024. The company's Share Transfer Books will be closed from June 03, 2025, to June 10, 2025, inclusive, to establish the eligibility of shareholders for the right shares.

Shareholders are advised that physical transfer requests and Central Depository System (CDS) Transaction IDs must be submitted to the Company's Share Registrar, M/s F.D. Registrar Services (Pvt) Ltd. Karachi, by the close of business on June 02, 2025, to be considered eligible for the right shares. The announcement is scheduled for publication in Daily Business Recorder and Daily Duniya on May 27, 2025.

According to information available from the Pakistan Stock Exchange (PSX), the company has outlined the procedure to ensure that all potential transactions are executed within the stipulated timeframe. This initiative is a crucial step for shareholders wanting to participate in the right issue, emphasizing the importance of timely documentation.

TRE Certificate Holders of the Exchange have been informed accordingly to facilitate a smooth process. Bawany Air Products Limited is committed to maintaining transparency and efficiency in this share issuance process.