Ghani Chemical Industries Limited held an Extra Ordinary General Meeting (EOGM) on October 10, 2026, where several significant resolutions were passed regarding changes to the company's share capital and the issuance of new shares.
- EOGM held on October 10, 2026.
- Resolutions passed included a change in authorized share capital to PKR 8,000,000,000.
- New Articles of Association were adopted to allow issuance of shares with different rights and privileges.
- Approval for a rights issue of up to 116,374,900 Class B Tracking Shares at PKR 10.00 each, representing approximately 20.40% of existing ordinary shares.
- The rights issue is part of funding for the Sono Lashari, Jandran, and Maiwand gas projects.
- Aggregate project cost is PKR 6,018,514,000, with PKR 2,013,749,000 allocated for equity investment.
- Book closure dates for voting entitlement will be announced post-approval of resolutions.