Karachi: Ghani ChemWorld Limited has announced a 0.50% right issue of partially redeemable shares, as per a company communication dated March 16, 2026. The issuance, detailed in correspondence with the Pakistan Stock Exchange (PSX), comprises 1,250,719 shares at a par value of PKR 100 per share, amounting to a total issue size of PKR 125.07 million.
The right issue declaration follows Ghani ChemWorld Limited’s letter (GCWL/CORP/PSX-32) dated March 13, 2026, where the company outlined the draft Schedule I/Offer documents for review and comments. The company has confirmed that it does not intend to seek public comments on the draft documents, as outlined under clause (iv) of clause 2 in the Companies (Further Issue of Shares) Regulations, 2020.
According to information available from the Pakistan Stock Exchange (PSX), the right issue involves 0.50% of the company’s ordinary shares, with an offer price set at PKR 100 per share. The issue includes a redeemable portion of PKR 90 per share and an irredeemable portion of PKR 10 per share. The premium for this offering is nil.
The designated market category, as indicated by the PSX, emphasizes that the right entitlement letter is tradable on the exchange, with the risks and rewards arising from it being the sole liability of the investors. Investors are advised to carefully read the offer document and assess their financial conditions and risk-taking abilities before making investment decisions.
Ghani ChemWorld Limited’s CEO Atique Ahmad Khan and CFO Asim Mahmud have provided an undertaking on a Rs. 100 stamp paper, certifying the accuracy and completeness of the information in the offer document. They assert that all requirements under the Companies Act, 2017, the Companies (Further Issue of Shares) Regulations, 2020, and relevant regulations of the central depository company and PSX have been fulfilled.