July 31, 2025
'l'he General Manager,
Pakistan Stock Exchange Limited. Stock Exchange Building,
Stock Exchange Road,
I€arachi.
Material Information - Restoration to Normal Counter
Dear Sir,
BA\*ANYAIR
In accoldance with Secnons 96 and 131 of the Securines Act, 2015, and Clause 5.6.1(a) of the Rule Book of the Pakistan Stock Exchange Limited, we hereby convc} the following material inf‹irmation:
We are rleased to inform that I°akistan Stock Exchange has restored the Company to Norma1 Counter (from hon-Compliant) aftef the Company has
resumed business Operation in lts principle line of business. PSX Notice for restoration of Company to Normal counter attached.
You may please inform the 'IRE (Certificate Holders of the Exchange accordingl} .
Thanking you,
For Bawany Air Products Limited
OITI cretary
2 "" F1oor, Nadir House, I.I. Chundrigar Ro ad, Karachi -74700. Tel: (92 -21 ) 3241 5471 -3
e-¿x/N-si' ...._
TO ALL CONCERN ED
July 30, 2025
RES TO R ATI 0 N OF BAWANY AIR PRO DU CTS LIMITE D F ROM "N ON - COMP LIA NT SEGMENT" TO "N O RMAL CO U NTER"
This is further to PSX Notice No. PSX/N-1428 doted December 03, 2021 whereby noncompliance of clause 5.11.1.(a) [formerly clause 5.11.1.(b)] of the PSX Regulations i.e. suspension of commerc1a I production/ business operot1ons in principle line of business fora continues period of one year by Bowany Air Products L1mited ("BAPL") was notified for information of all concerned.
In this regard, it is informed thaf BAPL has resumed 1ts business operations in ifs new principle line of business duly registered in its memorandum of association as certified by 1ts aud1tor, Naveed Zofar Ashfaq Jaffery & Co. Chartered Accountants.
In view thereof, the non-compliance of Clauses S.11.1.(a) against BAPL stands rectified. Conse quently, BAPL is shifted to the Normal Counter of the Exchange effective from Julv 31, 2025.
All concerned are advised to note the above.
Hofiz Maqsood Munshi
Unit Head, Listed Companies Compliance Regulatory Affairs Department
Cc:
I . the Executive Director (SMD) - SNCP
The Director (P RDD, SMD) - SECP
The £xecufive Direcfor (5Dj - SECP d.7he Director (DCD-SD) - SECP
the Chief Executive Officer - PSX
the Chief /tegu/ofory Officer - PSX
All Deporfmenfa/ Heads - PSX
Companies concerned
Company Concerned /tegisfrafion 0 ffices
1 0. Registrars of Company
I. Presidenf & CEO of Pak iston fnslifufe of Corpornfe Governance
2. The Centro/ Depository Company of Po1isfan £imifed
1 3. the National Clearing Company of Pakistan Limited
} #. PSX We6sife
5. Sfofe Bank of Pakistan
T 6. Pakistan Banks' Association
I T. lnsfifufe of Chartered Accounfonfs ol Pakistan
18. Auditors of fhe Company Concerned
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