Karachi: Ghani ChemWorld Limited (GCWL) has notified its shareholders of an upcoming book closure period to determine entitlements for a rights issue involving partially redeemable shares (PRS). The company announced this measure through newspaper cuttings published in the Daily Nawai Waqt and the Daily Business Recorder on June 3, 2026, in Karachi, Lahore, and Islamabad. This initiative is part of an ongoing strategy to manage capital and shareholder value effectively.
According to the company’s latest report dated June 4, 2026, the share transfer books will be closed on June 11, 2026, for a single day. Shareholders will be entitled to a 0.50% partially redeemable shares allocation in the ratio of five PRS for every 1,000 ordinary shares held, with each PRS priced at Rs. 100.
The entitlement will be granted to members whose names are recorded in the register by the close of business on June 10, 2026. These members will have their unpaid rights credited to their accounts or subaccounts with the Central Depository Company of Pakistan.
For shareholders holding physical share certificates, transfers received in order at the office of the share registrar, M/s Digital Custodian Company Limited, located at 4F Perdesi House, Old Queens Road, Karachi, by the close of business on June 10, 2026, will be deemed timely for entitlement.
According to information available from the Pakistan Stock Exchange (PSX), this announcement is crucial for market participants, especially the TRE Certificate Holders, as it informs them about the upcoming corporate action and necessary preparations.
The market category for this announcement is ‘Corporate Announcement’, focusing on informing shareholders and relevant stakeholders about updates in shareholding entitlements due to the rights issue.