Crestwell Healthcare introduces 300% right issue at Rs10
MG News | August 20, 2026 at 12:25 PM GMT+05:00
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.
|
Activity |
Date |
|
Credit of unpaid rights
into CDS |
21-Aug-26 |
|
Commencement of trading
of unpaid rights |
24-Aug-26 |
|
Dispatch of Letter of
Right to physical shareholders |
25-Aug-26 |
|
Last date for splitting
and deposit of requests into CDS |
27-Aug-26 |
|
Last date of trading of
rights letter |
7-Sep-26 |
|
Last date for acceptance
and payment of shares |
14-Sep-26 |
|
Allotment and credit of
shares into CDS |
28-Sep-26 |
|
Dispatch of physical
share certificates |
28-Sep-26 |
The aforementioned information was
disseminated through a notification
to Exchange.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 176,830.76 244.13M | -0.01% -15.60 |
| ALLSHR | 107,297.59 416.24M | 0.02% 24.86 |
| KSE30 | 52,532.99 41.40M | 0.18% 94.76 |
| KMI30 | 249,563.38 50.13M | 0.31% 768.86 |
| KMIALLSHR | 68,904.98 315.89M | 0.15% 102.55 |
| BKTi | 50,234.29 7.35M | -0.25% -126.12 |
| OGTi | 35,888.02 12.62M | 1.12% 397.35 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 69,945.00 | 70,205.00 69,100.00 | 1370.00 2.00% |
| BRENT CRUDE | 93.03 | 93.30 91.47 | 1.41 1.54% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | 1.00 0.92% |
| ROTTERDAM COAL MONTHLY | 122.50 | 0.00 0.00 | -0.50 -0.41% |
| USD RBD PALM OLEIN | 1,175.00 | 1,175.00 1,175.00 | 0.00 0.00% |
| CRUDE OIL - WTI | 85.71 | 85.87 84.23 | 1.32 1.56% |
| SUGAR #11 WORLD | 17.72 | 17.73 17.52 | 0.17 0.97% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
Large Scale Manufacturing (LSM)