Ghani ChemWorld Limited Initiates Rights Issue: Shareholders Notified of Key Dates

Karachi: Ghani ChemWorld Limited has announced the commencement of its rights issue, with key dates and procedures now disclosed to shareholders. According to the newspaper cuttings dated June 17, 2026, published in Daily Ausaf and Daily Business Recorder, the company has taken steps to dispatch physical letters of rights and credit unpaid rights into the Central Depository System (CDS) accounts.

The rights issue offers shareholders the opportunity to acquire five partially redeemable shares for every 1,000 ordinary shares held as of June 10, 2026. The rights have been credited at a rate of 0.50%.

Key dates for the rights issue have been set, with trading of unpaid rights on the Pakistan Stock Exchange (PSX) commencing on June 15, 2026. The subscription of the right offer also began on this date, with the last date for trading of rights letters scheduled for June 29, 2026. The final date for acceptance and payment of shares in both physical and CDS form is July 06, 2026, with shares to be allotted and credited into CDS by July 20, 2026.

According to information available from the Pakistan Stock Exchange (PSX), the rights issue represents a minor move of 0.50% in shareholder entitlements. The Bank of Punjab has been designated as the banker to the right issue, providing account holders the facility to subscribe through cash, crossed cheque, demand draft, or pay order.

The company has also introduced an online payment option through 1link for rights subscription, allowing account holders to make payments via internet banking, ATMs, and mobile banking.

Physical shareholders can deposit unpaid rights into CDS as per the standard procedure until seven business days before the last date of trading. The deadline for splitting letters of rights into smaller denominations is June 16, 2026.

Shareholders, including non-resident Pakistanis and foreign investors, are advised to follow the prescribed procedures to ensure timely and successful participation in the rights issue.