Karachi: Loads Limited has announced the possibility of a substantial right issue of ordinary shares, as disclosed in a meeting of its Board of Directors. The meeting, which took place on October 23, 2025, at the company's registered address in Karachi, revealed that the potential right issue could accumulate up to PKR 1.50 billion. This initiative is intended to meet the company's working capital needs, among other financial objectives.

The decision, as per Sections 96 and 131 of the Securities Act, 2015, and the provisions of the Rule Book of Pakistan Stock Exchange Limited, was conveyed in a disclosure of material information by the company. The right issue, if executed, is aimed at addressing the growth requirements of both local and export markets. The shares are expected to be issued at a price not exceeding PKR 12.5 per share. According to information available from the Pakistan Stock Exchange (PSX), the proceeds from this right issue are primarily targeted to bolster the company’s working capital.

The company's strategy involves enabling its shareholders, particularly those with associated interests, to secure necessary corporate approvals. This includes the shareholders' consent to invest in the proposed right issue. The Board of Directors retains the discretion to approve and announce the actual right issue at a future date, aligning with applicable legal frameworks.

The disclosure also serves as a formal communication to the certificate holders of the Pakistan Stock Exchange, ensuring transparency and compliance with regulatory standards.