📈 Dividend / Entitlement · WAVESAPP Waves Home Appliances Limited has submitted a final offer document for a rights issue, proposing to issue 150,015,772 new ordinary shares at a price of PKR 10 each, representing a 56% increase in the company's paid-up capital.
- Rights Issue Details: 150,015,772 shares at PKR 10 each, totaling PKR 1,500,157,720.
- Purpose of Funds: To enhance working capital for expansion in the air conditioner market and repay loans to the holding company.
- Book Closure Date: 27 August 2026.
- Subscription Payment Dates: 31 August 2026 to 21 September 2026.
- Trading Dates for Rights: 31 August 2026 to 14 September 2026.
- Expected Allotment Date: 5 October 2026.
About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange. A summary for information, not investment advice — the original filing is the authoritative record.
Original filing (PDF)