Lahore: Ghani Chemical Industries Limited has announced the official listing of Ghani ChemWorld Limited (GCWL) on the Pakistan Stock Exchange (PSX) following a demerger scheme approved by the Lahore High Court. The opening share price for GCWL has been set at Rs. 10.00 per ordinary share, marking a significant development in the chemical industry sector.

On March 27, 2025, Ghani Chemical Industries conveyed this information through an official communication to the Pakistan Stock Exchange. The announcement followed the submission of an "Information Memorandum" on March 25, 2025, as part of the listing procedure for Ghani ChemWorld Limited.

According to information available from the Pakistan Stock Exchange (PSX), the opening share price of Rs. 10.00 per ordinary share is based on the face or par value as stipulated in Article-6 (ix) of the Scheme, and Clause 9 of Article-7 of the Addendum to the Scheme. The approval for this scheme was granted by the Lahore High Court, ensuring legal compliance and transparency in the listing process.

The information was disseminated to the TRE Certificate Holders of the Exchange, providing them with the necessary details about the listing and the initial share valuation. This move is part of Ghani Chemical Industries Limited's strategic efforts to streamline operations and enhance its market presence through the establishment of Ghani ChemWorld Limited.

The development is set to impact the chemical industry market category, as Ghani ChemWorld Limited enters the trading landscape with its shares now available to investors. The listing is anticipated to attract attention from market participants and stakeholders interested in the chemical sector's expansion and offerings.