Karachi: Inter Market Securities LTD has confirmed the publication of the Public Announcement of Offer related to the proposed acquisition of Bawany Air Products Limited. The announcement, which pertains to the acquisition of up to 2,146,228 ordinary shares, was published on December 22, 2025, in the Business Recorder and Daily Dunya newspapers.

The acquisition process, as outlined in the documentation, follows an earlier Public Announcement of Intention (PAI) that was initially published on July 9, 2025. Subsequent corrigenda were issued on August 4, 2025, and December 11, 2025, clarifying various aspects of the acquisition procedure. According to the regulations set forth by the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulations, 2017, the announcement fulfills the necessary regulatory requirements.

The submission of the published copies of the Public Announcement of Offer to the relevant office underscores the commitment of Inter Market Securities LTD to maintain transparency throughout the acquisition process. The offer documentation is accessible to stakeholders and provides detailed information about the acquisition proposal.

According to information available from the Pakistan Stock Exchange (PSX), the proposed acquisition involves a significant move in market activity, reflecting the targeted purchase of Bawany Air Products Limited shares. The designated market category for this transaction is pertinent to stakeholders monitoring substantial acquisition activities within the market.

For further inquiries or clarification regarding the acquisition offer, Inter Market Securities LTD has invited interested parties to reach out for additional information.