Karachi October 29 2021: The Board of Directors of Ghani Chemical Industries Limited in their meeting held on October 28, 2021 has decided to issue 120 percent Bonus Shares as per information shared by the parent company at Pakistan Stock Exchange Limited (PSX).
Ghani Chemical Industries Limited one of the subsidiary Companies of Ghani Global Holdings Limited and the largest manufacturer of medical and industrial gases in Pakistan.
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Further, 6.5135971 percent right issue already announced by the Board of Directors in their meeting held on October 16, 2021 also qualifies for the aforementioned bonus entitlement.
At present, Ghani Global Holdings Limited holds 114,299,993 ordinary shares i.e. 74.45% of the total paid up capital of GCIL.