Waves Home Appliances Limited Announces Schedule for Unpaid Rights Handling

Karachi: Waves Home Appliances Limited has released a detailed timetable for handling unpaid rights in the Central Depository System (CDS), as per a report dated August 31, 2026. The unpaid rights will be processed under the specified schedule, with the book closure date set for August 27, 2026.

The right ratio has been established at 56%, with the right security name designated as Waves Home Appliances Limited- LoR, symbolized as WAVESAPPR. The International Securities Identification Number (ISIN) for this right security is PK0068403028. Bank Makramah Limited, through all its branches, will serve as the banker for the right issue concerning physical applications, and guidelines for online payments have been provided in the attached documentation.

According to information available from the Pakistan Stock Exchange (PSX), the commencement of trading of unpaid rights (LoR) on the stock exchange is scheduled for Wednesday, August 31, 2026. The final date for initiating deposit requests is Friday, September 4, 2026, while trading at the stock exchange will conclude on Monday, September 14, 2026.

Additional key dates include Friday, September 16, 2026, which marks the deadline for the initiation of pledge requests and the movement of securities, limited to free delivery transactions. The last date for subscription requests and payments, as well as pledge release and pledge call, is set for Monday, September 21, 2026. The tentative date for crediting shares against paid rights is Monday, October 5, 2026.

This schedule was announced in accordance with the right issue timetable provided by the Pakistan Stock Exchange, under letter reference no. PSX/C-918-1000 dated August 27, 2026, highlighting the structured timeline for stakeholders in the market category.