Karachi: Bawany Air Products Limited has announced the closure of its share transfer books for one day on Wednesday, October 21, 2026, to establish the eligibility for its forthcoming right shares. This development follows previous announcements made by the company on August 26, 2024, and September 02, 2026.

The company, in a report dated October 13, 2026, specified that any share transfers completed and received by the close of business on Tuesday, October 20, 2026, at the office of the Company's Share Registrar, M/s F.D. Registrar Services (Pvt) Ltd., will be considered timely for determining entitlement to the right shares. The Share Registrar's office is located at Room No.1705, 17th Floor, Saima Trade Tower-A, I.I. Chundrigar Road, Karachi-74000.

According to information available from the Pakistan Stock Exchange (PSX), Bawany Air Products Limited is taking these steps as part of its procedural requirements for shareholders. This measure is crucial for investors wishing to partake in the rights issue, ensuring that their shareholding is properly accounted for within the stipulated timeframe.

This announcement indicates the company's structured approach towards managing its shares and providing clarity to its shareholders regarding the rights issue process.