Bawany Air Products Raises Authorized Capital To Rs. 12.1 Billion
Bawany Air Products Limited has increased its authorized share capital by Rs. 1.1 billion to Rs. 12.1 billion from Rs. … Read More The post Bawany Air Products Raises Authorized Capital To Rs. 12.1 Billion appeared first on ProPakistani .
Bawany Air Products Limited has raised its authorized share capital by Rs. 1.1 billion, bringing the total to Rs. 12.1 billion, following approval from the Securities and Exchange Commission of Pakistan, according to a statement to the Pakistan Stock Exchange on Monday. The company notified the SECP through filing Form 7, as confirmed by a notice signed by the company secretary on September 14, 2026.
Initially involved in oxygen, dissolved acetylene, and nitrogen gas production and trading, Bawany Air Products suspended these operations in 2013 after a significant plant breakdown. The company has since pivoted its focus to investments in and dealing with shares, stocks, debentures, bonds, and other securities. Additionally, it has pursued a broader restructuring and revival strategy, including a potential acquisition of Alman Seyyam Sugar Mills through the issuance of new shares. The announcement of the authorized capital increase first appeared on ProPakistani.
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