Karachi: The Central Depository Company of Pakistan Limited has officially announced the designation of Bawany Air Products Limited's new securities offering as eligible for the Central Depository System, in accordance with the regulations set forth by the company. This announcement follows the issuance of a formal notice on October 20, 2026, under Regulation 8AA.2.2.

The decision marks a significant development for Bawany Air Products Limited, as their Letter of Rights, or Right Entitlements, have now been classified as Central Depository System (CDS) Eligible Securities. This decision, communicated under the stipulations of Regulation 8AA.1.1 and 8AA.2.2 of the Central Depository Company of Pakistan Limited Regulations, ensures that the rights issue is recognized and can be transacted within the CDS framework.

According to information available from the Pakistan Stock Exchange (PSX), the inclusion of the Right Entitlements as CDS eligible securities facilitates a streamlined process for the holders of existing ordinary shares in Bawany Air Products Limited. The formal declaration allows for a structured and efficient handling of the new securities, aligning with the regulatory framework established by the Central Depository Company.

This move is expected to enhance the accessibility and management of the new securities offering, providing a structured pathway for existing shareholders to exercise their rights within the regulated environment of the Central Depository System. The market category affected by this announcement falls under the designated classification of the Pakistan Stock Exchange.

The formalization of this process underscores the regulatory compliance and advancement in securities management for Bawany Air Products Limited, offering a structured and efficient approach to their rights issue.