Bank Alfalah converts Agritech's preference shares to ordinary

By MG News | April 02, 2024 at 09:12 AM GMT+05:00

0:00

April 02, 2024 (MLN): Agritech Limited (PSX: AGL) received a notice from Bank Alfalah Limited (PSX: BAFL) on February 13, 2024, for conversion of its entire (i.e.,10,883,486) preference shares into ordinary shares under the Share Subscription Agreement, the company's filing on PSX revealed today.

To recall, the company issued 159,334,269 Preference Shares in 2012 under the Share Subscription Agreement on February 13, 2012, to selected investors.

The principal business of the company is to produce and sell the Urea and Granulated Single Super Phosphate fertilizer.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	122,246.64 318.30M	5.23% 6079.17
ALLSHR	76,223.89 801.54M	5.11% 3703.45
KSE30	37,283.86 136.97M	5.30% 1876.51
KMI30	181,853.72 159.18M	7.01% 11912.16
KMIALLSHR	52,456.38 479.10M	6.03% 2983.25
BKTi	30,992.45 33.33M	4.22% 1254.08
OGTi	27,593.03 20.61M	6.87% 1772.97

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	106,460.00	106,945.00 105,955.00	715.00 0.68%
BRENT CRUDE	68.00	68.16 67.81	0.86 1.28%
RICHARDS BAY COAL MONTHLY	88.00	0.00 0.00	-3.85 -4.19%
ROTTERDAM COAL MONTHLY	103.45	103.45 103.45	-1.00 -0.96%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	65.24	65.41 65.00	0.87 1.35%
SUGAR #11 WORLD	16.33	16.71 16.27	-0.24 -1.45%