Every Spin-Off
Ghani ChemWorld
AnnouncedPKIs building a calcium carbide plant in the Hattar Special Economic Zone in Pakistan; calcium carbide is used to make acetylene gas for welding and chemicals.
Ghani Chemical Industries is demerging its calcium carbide project into Ghani ChemWorld, a subsidiary in the Hattar Special Economic Zone.
- Status
- Announced
- Expected
- Awaiting PSX listing
- Parent
- Ghani Chemical Industries (GCIL PA)
- Spin-off ticker
- To be announced
- Listing
- Pakistan Stock Exchange (main board or GEM board)
- Market
- Pakistan
- Sector
- Materials
Terms
Court-sanctioned scheme (Lahore High Court order 20 Feb 2025): GCIL shareholders receive partially redeemable Ghani ChemWorld shares (50 per 1,000 GCIL shares in the EOGM notice; a later report cites 500 per 1,000), to be listed on the PSX main board or GEM board; entitlement date and listing not yet announced.
Key dates
- Board approval
- Shareholder EOGM
- Lahore High Court sanction
- Entitlement date and PSX listing
Source documents
- Press releaseLahore High Court approves demerger (03/25)
- PresentationNot yet published
- Prospectus / demerger documentEOGM notice and scheme terms (PSX filing)
- Sourceprofit.pakistantoday.com.pk (board plan)
Every Spin-Off research
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