Karachi November 14 2022: Ghani Chemical Industries inform that the 8.8045% Class B Right issue (of G3 Technologies Limited merged with and into Ghani Chemical Industries Limited - GCll) amounting to Rs. 220.000.000/- has been subscribed to the extent of 24.66% as of the last date of payment and acceptance of shares which is November 02. 2022.
These detail are received from the Bankers to the issue, AI Baraka Bank (Pakistan) Limited and Habib Bank Limited, and Central Depository Company of Pakistan Limited (CDC).
The company has received a total sum of Rs. 54.269,220/- against class B right shares subscription out of the Total Issue Size of Rs .220.000,OOO while un-Subscribed Amount is Rs. 165.730.780.
Further the unsubscribed shares will be offered and allotted to such persons as the Board of Directors of the company (Ghani Chemical Industries Limited) may deem fit in.