Oct 22, 2026, 6:40 PM
Bawany Air Products announces 98.765% rights issue at par
Rights / BonusBawany Air Products Limited announced a rights issue of 599,999,732 ordinary shares at Rs. 10 per share, payable in full by November 16, 2026. Entitlement is 98.76498% of ordinary shares held as of October 20, 2026. The issue raises fresh capital but may dilute shareholders who do not participate.
Key Findings
- Rights issue of 599,999,732 ordinary shares at Rs. 10 per share (at par).
- Entitlement is 98.76498% of shares held as of October 20, 2026.
- Rights trading runs from October 23 to November 6, 2026.
- Subscription and payment deadline is November 16, 2026.
- Unsubscribed rights may be dealt with by the company as decided by its Board under Section 83 of the Companies Act, 2017.
Corporate Action Details
Action
Rights Issue
Percentage
98.76%
Amount
PKR 10 / share
Record date
Oct 20, 2026
Book closure
Oct 21, 2026 to Oct 21, 2026
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.