Bawany Air Products reports substantial shareholder subscription to rights issue
Rights / BonusBawany Air Products Limited informed the PSX that its substantial shareholder fully subscribed to 319,712,000 right shares, representing 53.29% of the total rights issue, for PKR 3,197,120,000 at an exercise price of PKR 10 per share. The auditors’ certificate is to be uploaded to the PSX portal upon receipt.
Key Findings
- The substantial shareholder subscribed to 319,712,000 right shares, representing 53.29% of the total rights issue.
- The subscription amount was PKR 3,197,120,000 at an exercise price of PKR 10 per share.
- The company said it would upload the auditors’ certificate to the PSX portal upon receipt.
Corporate Action Details
Action
Rights issue subscription by substantial shareholder
Percentage
53.29%
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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.
