Ghani ChemWorld Limited Reports on Right Shares Subscription Status

Lahore: Ghani ChemWorld Limited has announced the status of its 0.50% right shares subscription as per the information disclosed on July 10, 2026. The company has received Rs. 5,347,200 against the right shares subscription. This announcement follows the receipt of detailed information from the Banker to the issue and the Central Depository Company of Pakistan (CDC).

The total issue size for the right shares was Rs. 125.07 million. According to information available from the Pakistan Stock Exchange (PSX), the amount subscribed was Rs. 5.35 million, while the un-subscribed amount stood at Rs. 119.72 million. This indicates a minor move in the subscription process.

In accordance with Section 83(1)(a)(iv) of the Companies Act, 2017, the company's Board of Directors will offer and allot the un-subscribed shares to individuals they choose before approaching underwriters to cover the remaining shares. The company's actions remain aligned with the legal framework to ensure compliance with the statutory requirements.