Karachi: The acquisition process of Bawany Air Products Limited is set to undergo significant changes following the revision of the offer price in a public offer document. Dated January 13, 2026, the Securities & Exchange Commission of Pakistan (SECP) has advised revising the offer price from PKR 47.85 to PKR 51 per share. This adjustment marks a very large or significant move in the ongoing acquisition process.

The offer, originally made by Mohabat Khan along with his associates and family on December 19, 2025, and subsequently published in newspapers on December 22, 2025, will see its offer price updated in the public offer document. According to information available from the Pakistan Stock Exchange (PSX), this revision is part of the regulatory procedures under the Listed Companies (Substantial Acquisition of Voting Shares and Takeovers) Regulation, 2017.

The announcement also stated that new book closure dates and a detailed schedule will be communicated once all formalities required by the regulations are completed. This update is directed at the TRE Certificate Holders of the Exchange, indicating the procedural compliance necessary for the acquisition’s progression within the designated market category.