Crestwell Healthcare introduces 300% right issue at Rs10

August 20, 2026 (MLN): Shareholders of Crestwell Healthcare Limited (formerly S.G. Power Limited) (PSX: SGPL) have been allotted 53.499 million right shares at Rs10 per share, in the ratio of 3 right shares for every 1 ordinary share held, translating into an approximately 300% right issue at par value.

The entitlement, based on shareholding as of August 19, 2026, has been credited into shareholders' CDS accounts in book-entry form, with the right offer available for trading and settlement on the Pakistan Stock Exchange from August 24, 2026 to September 7, 2026.

Subscription and full payment against the right offer must be completed by September 14, 2026, failing which the offer will be treated as declined and disposed of as decided by the Board under the Companies Act, 2017.

Paid-up right shares will be credited into respective CDS accounts within 10 business days of the last payment date, while allotment and book-entry credit of shares is scheduled for September 28, 2026, the same date fixed for dispatch of physical share certificates.

Payment against the right subscription request is to be made through Meezan Bank Limited, in favor of "S.G. Power Limited Right Shares Subscription," with the company having also enabled an online payment facility through 1Link for investor account holders and sub-account holders.

The aforementioned information was disseminated through a notification to Exchange.

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