Karachi: Oilboy Energy Limited has announced the crediting of Unpaid Letter of Rights for Ordinary Right Shares into the accounts maintained within the Central Depository System (CDS). The confirmation of this deposit has been communicated to the relevant account holders, as outlined in the documentation accompanying the notice.

The notice, dated March 26, 2025, details the crediting process and is set to be published in the Business Recorder and Nawa-i-Waqt on March 27, 2025. A payment schedule and procedure has been provided as an annexure to the notice, outlining the steps for the completion of payment related to these rights.

According to information available from the Pakistan Stock Exchange (PSX), the crediting of these rights is a critical step in the process, facilitating the subsequent actions required by the TRE Certificate Holders of the Exchange. This development is expected to be of particular interest within the designated market category that Oilboy Energy Limited operates in.

The official communication requests that the recipients inform the TRE Certificate Holders about the details of this credit. This action is part of the company’s structured process to ensure that all shareholders are aware of their entitlements and the associated procedures.