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Crestwell Healthcare introduces 300% right issue at Rs10

Mettis Global • • 1 min read

Crestwell Healthcare introduces 300% right issue at Rs10

Crestwell Healthcare Limited, formerly S.G. Power Limited, has allotted 53.499 million right shares to its shareholders at Rs10 each. Mettis Global reported that holders receive three new shares against each ordinary share they owned on August 19, 2026. The offer works out to roughly 300% and is priced at par, with entitlements credited to CDS accounts in book-entry form.

Trading in the rights on the Pakistan Stock Exchange runs from August 24 to September 7, 2026. Applicants have until September 14, 2026 to subscribe and pay in full, failing which the right is deemed rejected and handled by the Board as it decides under the Companies Act, 2017. Payments go through Meezan Bank Limited into the account titled S.G. Power Limited Right Shares Subscription, and investor account holders may also pay online via 1Link.

Allotment and credit of shares into CDS accounts is set for September 28, 2026, the same day physical share certificates are dispatched. Shares paid for will reach CDS accounts within 10 business days after the final payment date. The company notified the Exchange of the schedule through a filing.

At a glance

  • Shareholders receive three right shares for every ordinary share held, priced at Rs10 each.
  • Rights trade on the PSX from August 24 to September 7, 2026.
  • Payment must be completed by September 14, 2026 or the offer is rejected.

Stocks in this story

Sectors:Power Generation & Distribution

Originally reported by Mettis Global

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