Karachi April 14 2022: The Board of Directors of Ghani Chemical Industries Limited (GCIL) in their meeting held on today has decided to withdraw the listing application of GCIL filed with Pakistan Stock Exchange Limited (PSX).
GCIL is one of the subsidiary Companies of Ghani Global Holdings Limited and the largest manufacturer of medical and industrial gases in Pakistan.
The Board of Directors of Ghani Chemical Industries Limited has also decided to merge G3 Technologies Limited (GTECH/an associated company) with/into Ghani Chemical Industries Limited and ultimate listing of GCIL at PSX.
The Board of Directors of Ghani Chemical Industries Limited has also decided to appoint a merger consultant and to file a petition at the Honorable Lahore High Court, Lahore for sanctioning the Scheme of Merger after completion of all related formalities.
