Ghani ChemWorld Limited (GCWL) has announced a right issue of 1.25 million Partially Redeemable Shares (PRS) at a price of Rs100 per share, with the total issue size amounting to approximately Rs125 million. The development was communicated to the Pakistan Stock Exchange (PSX) through an official corporate notice.
Under the offer, shareholders will be entitled to receive five PRS shares for every 1,000 ordinary shares held as of the close of business on June 10, 2026. The company observed book closure on June 11, while rights are scheduled to be credited into CDC accounts in book-entry form on June 12.
Trading of unpaid rights will commence on June 15, 2026, with the last date for rights trading set for June 29. Shareholders will have until July 6, 2026 to accept and make payment for the rights issue. Allotment and credit of shares into CDC accounts are scheduled for July 20, 2026.
According to the company, each PRS will carry a face value of Rs100, comprising a redeemable portion of Rs90 and an irredeemable portion of Rs10. The shares will be listed on the Main Board of the Pakistan Stock Exchange and will carry voting rights equivalent to ordinary shares.
GCWL stated that shareholders will be able to subscribe through various payment methods, including bank transfers, cheques, pay orders and digital banking channels. The company has also confirmed compliance with all applicable PSX and CDC procedures governing rights issues and share allotments.
The right issue is expected to support the company’s capital requirements while providing existing shareholders with an opportunity to participate in its future growth. Market participants will closely monitor investor response as the subscription period progresses over the coming weeks.
