📈 Board Meeting · SGPL S.G. Power Limited has announced the decisions made during its Board Meeting held on September 17, 2026, regarding the allotment of the unsubscribed portion of its Right Issue.
- The Board approved the allotment of 3,749,635 ordinary shares at an issue price of PKR 10 each, totaling PKR 37,496,350.
- This allotment pertains to the unsubscribed portion of a Right Issue that had a total value of PKR 534,996,000.
- Approximately 92.99% of the Right Issue was subscribed, with 7.01% remaining unsubscribed.
- The allotment is subject to the receipt of full subscription consideration in cash and compliance with regulatory requirements.
- The company will manage any remaining unsubscribed shares according to underwriting arrangements and applicable regulations.
About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange. A summary for information, not investment advice — the original filing is the authoritative record.
Original filing (PDF)