Zarea Limited: PKR 3B Expansion Plan Revealed

ZALZarea LimitedZAL · Technology & communicationMaterial informationFiled Pakistan time

Summary

Zarea Limited announces a Rs 3B rights issue to fund business expansion and repay Sukuk. The plan includes significant working capital allocation and debt reduction.

Kind of disclosure: Expansion/Capex

Read the original filing

Key facts

Rs 3B rights issue announced
Rs 3B
Sukuk principal repayment planned
Rs 2B
Additional working capital allocated
Rs 951.5M
Underwriters secured for rights issue
Dawood Equities, Adam Securities, Pak Libya, K-Trade
Operational and supply chain risks identified
Multiple risks

Zarea Limited (ZAL) on Nafa

Last price Rs 33.30 · Technology & communication · You can own ZAL shares from your phone.

More ZAL announcements

All ZAL announcements

Source: Zarea Limited's filing with the Pakistan Stock Exchange. The summary and figures on this page are extracted from the filing by software and can contain errors; the filing itself is the record. This page describes the filing. It is not investment advice and Nafa does not recommend any stock. Investing in securities involves risk, including possible loss of principal.