Bawany Air Products receives corrigendum to acquisition PAI

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MG News | August 04, 2025 at 02:49 PM GMT+05:00

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August 4, 2025 (MLN): Bawany Air Products Limited (PSX: BAPL) has received a corrigendum to the Public Announcement of Intention (PAI) submitted on behalf of the acquirer, Mohabbat Khan and Others, which includes certain amendments to the original PAI.

All other terms and conditions of the initial PAI remain unchanged, the company's filing on PSX revealed today. 

The original PAI, dated July 8, 2025, was issued by Mohabbat Khan and Others for the acquisition of 600 million ordinary shares and control of Bawany Air Products Limited.

It was published on July 9, 2025, in the newspapers Business Recorder and Daily Dunya.

BAPL is a public limited Company incorporated in Pakistan on August 16, 1978 and was registered under the Companies Act 1913, now the Companies Act, 2017.

The principal activities of the Company are production and trading of oxygen gas, dissolved acetylene and nitrogen gas.

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