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PSX Delisted Ghani Automobile Industries From Tomorrow On Merger

admin-augaf by admin-augaf
December 29, 2021
in Business
Reading Time: 1 min read
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PSX Delisted Ghani Automobile Industries From Tomorrow On Merger

PSX Delisted Ghani Automobile Industries From Tomorrow On Merger

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Karachi December 29 2021: Pakistan Stock Exchange informed to all concerned that as a result of merger / amalgamation of Ghani Automobile Industries Limited with and into Ghani Value Glass Limited and on fulfillment of relevant requirements, Ghani Automobile Industries Limited shall stand delisted from the Exchange with effect from tomorrow Thursday, December 30, 2021.


A L S O || R E A D

TELE, ANL, GGGL, TREET, CNERGY and 32 other stocks added in Murabaha Financing list


Trading in the shares of Ghani Automobile Industries Limited has already been suspended and the shares of the surviving entity (i.e. Ghani Value Glass Limited) have been issued to the shareholders of Ghani Automobile Industries Limited as per the Swap Ratio.

Tags: BUSINESSfinancePakistanpakistan stock exchangePSX
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