GCWL/ Corp/ PSX-37
he General Manager
Pakistan Stock Exchange Limited
Stock Exchange Building 8tock Exchange Road Karachi.
Chemistry in action •••••
April 07, 2026
Notice of Extra Ordinary General Meeting - Ghani GhemWorId Liz ited
Dear Sir,
In compliance with regulation No. 5.fi.9 (b) of the Rule Book of the Exchange, please find attached herewitha copy of the Notice of Extra Ordinary General Meeting of Ghani ChcmWorld Limited scheduled to be held on 02 May 2026 at
10.30 A.M. at registered office of the Company, being dispatched to the shareholders and also being published in new spapers.
You may please inform thc TkE Certificate Holders of the Exchange accordingly.
For and on behalf of
Gb znWorld Limited
FARZA
Company Secretary
Enc1: - As Above
CC: The Executive Director/ HC3D, Offsite-11 Department, SECP, Islamabad.
fiorpsi'aie 0lIice: Marketing Office: Plant:
1509001:2015, 15014001:2015 & 15045001:2018CERTIFIED
NOTICE OF EXTRA ORDINARY GENERAL MEETING
Notice is hereby given that Extra Ordinary General Meeting (EOGM) of the members of GHANICHEMWORLD LIMITED (the Co pany/GCWL) will be held on Saturday, May 02, 2026 at 10:30 a.m. at registered office of the Company i.e. 10-N, Model Town, Extension, Lahore to transact the following business:
Special Business
To cons er, and f deemed appropraite, approve the issuance of additional capital by way of Partially Re eemab Shares (PRS) to the shareholders of the Company through a right issue ,by passing the special resolution with or WlthoUt ITlodifi ations under section 58 & 83 of the Companies Act, 2017, Regulation 3 & 6 of the Companies (Further Issue of Shares) Regulations, 2020, and all other applicable laws, rules, and regulations, as annexed with a statemen ersecti n 134(3) ofthe Companies Act, 2017.
rder of the Board
Place: Lahore
Dated: Apri 8, 2026
FARZAND ALI
Co pany Secretary
N0t9s:
. BOOK CLOSURE
The share transfer books of the Company will remain closed, and no transfers of shares will be accepted fo registration from April 24, 2026 to April 30, 2026 (b0th days inclusive). Transfer received in order at the office of the shareregistrar
M/S DIGITAL CUSTODIAN COMPANY LIMITED
4-F, PERDESI HOUSE, OLD DUEEN'S ROAD, KARACHI, PAKISTAN
ONE: +92 2132419770, EMAIL: share.registrar@digitalcustodian.co
at be cl0se of business on April 23, 2026, will be considered in time for Attendance at the EOG CE AT THE IYIEETING
A member entitled to attend, speak, and vote at the EOGM is entitled to appoint aproxy to atte d, speak, and vote on
their behalf.
Proxies, to be effective, must be properly signed, completed, witnessed, and submitted at the registered office of the Company along with attested copie3 of a valid Computerized National Identity Card (CNIC) or passport, at least 8 ho rs prior to the meeti
CDC acco nt ho ders must fo low the guidelines outlined in Circular No. 1 dated 26 January 2000 issued by the
ECP for attendi gthe meetin
ndance atthe meeting sh on presentation of the originalGNlC orpassport.
0tIC9 of EOGM Ghani ChemWorld Limited
Members can attend the EOGM via Video Link. To participate in the meeting via Video Link, members and their proxies are requestedtoregisterby providing the following informati0n via email ateoumacwI26@ohanioIobaI.comby 29 April 2026.
Full Name
Folio/CDC No.
Company Name
CNIC Number
Registered Email
Address
Cell Number
VIde0 Il8k details and I06in credentials will be shared with tL0se members wh0se registered emails containing all the
particulars are received on or before 29 April 2026.
Shareholders can also submit their comments and questions regarding the EOGM agenda items via the email address eoomacwI26AohanigIobaI.com.
POSTAL BALLOT/ E-VOTING
In acc0rdance with the Companies (PoslaI Ballot) ResolvtlohS, 2018 ("the Regulations"), the members of the Company have the right t0 V0te via electronic V0ting and/0r p0stal v0ting, 08 Special Business at the upcoming EOGM, sabjectt0the requirements and conditions set out in the stated Regulations.
The Board of Directors of the Company has appointed M/s. Digital Custodian Company Limited, as the Service Provider and M/s. Nasir Jamil & Co. Chartered Accountants, as Scrutinizer for the e-voting process under the Companies (Postal Ballot) Regulations, 2018 (the Regulations), to vote via electronic voting and postal voting for agendaitem of the meeting. Both the above (Service Provider & Scrutinizer) fulfil allthe eligibility criteria as laid down by the Regulations and have the necessary knowledge and experience.
General:
Members holding shares in physical form are requested to promptly notify Company's share registrar, M/S Digital Custodian Company Limited, of any change in their postal/email addresses. Members maintaining their shares in CDS should have their address/e-mail addresses updated with their relevant Participant/CDC account services. For any query/problem/information, the investors may contact Company Secretary at + 92 42 35161424-5, e-mail address corporate@ghaniglobal.com or M/S Digital Custodian Company Limited, 4-F, Perdesi House, 0Id 9ueen's Road, Karachi, email address info@digitalcustodian.co
NoticeofE0GM GhaHGhemWoñQWm&e0
STATEMENT OF MATERIAL FACT UNDER SECTION 134(3) OF THE COMPANIES ACT 2017
The slatement summarizes the material facts relating to the special business to be transacted atthe Company's Extra Ordinary GeneralMeeting scheduled for Saturday, 02May 2026:
Ghani ChemWorld Limited (GCWL) was incorporated on July 31, 2024 under Companies Act, 2017. During March 2025, the entire Calcium Carbide Project, including all assets, liabilities, and properties were transferred from Ghani Chemical Industries Limited to your Company in compliance with the sanction of the demerger/merger scheme by the H0norable Lahore High Court vide its order dated February 20, 2025, in C.O. No. 65259 of 2024. After the successful Ommis l0I1l0g Ofthe first-of-its-kind §r0lect in Pakistan under the supervisi0n 0f Chinese and Ear0pe3n experts, GCWL formally commenced the production process of the import-substitute Calcium Carbide (and its related products) during the last week of December 2025.
To meet the working capital requirements, the Company proposes to issue Partially Redeemable Shares (PRS) as a distinct class of shares, duly authorized under its Articles of Association (Article 11(b), already approved by the shareholders ofthe Company in their meeting held on October 28, 2025.
The PRS have been structured as a hybrid capital instrument to provide financial flexibility to the Gompany while ensuring strictadherenceto the principle of capital maintenance as prescribedunderthe Companies Act, 2017. Any redemption ofPRS shall be effected only out ofdistributable profits orreserves, and acorresponding amount shallbe transferred to the Capital Redemption Reserve, thereby preserving the integrity of the Company's paid-up capital at alltimes.
The Board ofDirectors of the Company has already approved and declared the aforesaid Rightlssue in its meeting held onMarch 13,2026, subjectlothe approval bytLeshareholdersasrequired under applicablelaws.
The book closure dates and entitlement date for the Right Issue shall be determined and notified by the Company subsequent to obtaining shareholders'approval, in accordance withRegulation 6ofthe Companies (FurlherlssveoT Shares) Regulations, 2020.
Further, the Quantum Statement and Schedule I, as required under the Companies (Further Issue of Shares) Regulations, 2020, have already been duly prepared and disseminated to the Pakistan Stock Exchange (PSX} in compliance with applicableregulat0ryrequirements.
A comprehensive disclosure of the terms, conditions, risk factors, and other salient features of the proposed Right Issue, including the Partially Redeemable Shares, has been provided in the Quantum Statement and Schedule I, as required under the Companies (Further Issue of Shares) Regulations, 2020, which have already been duly disseminatedtothePakistan Stock Exchange (PSX). The same may bereferredtofor detailed information.
Quantum Statement and Schedule I is available at w ha i Io a co c e wo Rationale lor Issuance
The issuance of PRS is justified on the following grounds:
E i i t a it I St uctu PRS provide a balance between equity and quasi-debt characteristics, enabling the Company to raise fufld5 Without immediate dilution of conlrol while reaining the flexibility to return capital in the future.
har holde Partici at on The PRS are being offered through a Right Issue to existing shareholders on a unif0rm and non-discriminatory basis, ensuring equitable opportunity for participation.
ov rna ce o t nU PRS carry voting rights and dividend ent'rtlements (subject to declaration), thereby preserving shareholders' participation in governance art economic benefits.
i a cial il The structure allows the C0mpany to meet its funding requirements while maintaining the ability t0 Ogtimize its capital structure tLr0ugh redelTlptl0fl When finarciallt feasible.
Notice of EOGM 3 Ghani ChemWorld Limited
Purpose and Utillzation of Proceeds
The Company intends to issue 1,250,719Partially Redeemable Shares at an issue price of PKR100 per share
(Premium: Nil), aggregating toPKR 125,071,900, to be utilized primarily for working capital requirements.
The Company c0mmenced its production operations in December 2025 and initiated commercial sales in January 2026. its initial §haSg 0f 0perati00S, the G0mpany requires adequate working capital t0 Support its operating cycle, including:
Stock-in-trade and stores & spares
Trade receivables
Advances and prepayments Less: trade payables
The total estimated working capital requirement is approximately PKR 550 million, which is proposed to be financed through acombination of:
Proceeds frolTl the Right Issue (PKR 125.07 million), and
Sh0rt-term bank b0rrowings (PKR 429.72 million)
Working Capital Assessment
The working capital requirement has been assessed based on an estimated operating cycle of 105 days, summarized as follows:
Component
Days
r•KR
Stock in Trade (including Stores & Spares)
eo
ass,asa.O14
Trade Debts
3O
246,575,342
Advances and Prepayments
15
61 .643,BS6
Less: Trade Payables
(ZO)
(N2Z,287,67)
Net Working Capital Requirement
105
554,7B4,5Z1
Key Considerations
The pr0posed issuance is aligned with applicable provisions of the Companies Act, 2017 and th9 C0mparies (Farther Issue 0f Shares) Regulations, 2020.
The issuance is being made strictly on a rights basis, ensuring compliance with the principle of fairness and
protection of minority shareh0lders.
The structure of PRS ensures no adverse impact on th9 C0mpan/s capital base, due to the Capital Redemption
Reserve mechanism.
Financial Impact of Partially Redeemable Shares
Ordinary 6hares Partiallv Redeemable 6narea
Authorized Capital
Nos.
26O,OOO.OOO
1 O.OOO. OOO
Par / Nominal Value
PKFt/'Share
1 O.OO
1 OO.OO
Authorized Capital
PKR
2,600,000,000
1,000,000,000
lesued 8hare Capital
Before nlgnt Issue
NOS.
zoo,1ea,soo
After Right Issue
Nos.
250,1 43,950
1,250,719
Based on December 31, 2OZ5
Pre-Right fsaue
Post-Right lasue
TOTAL ASSETS
PKR
5,503,747,381
5,5O3,747,381
Less :
NON-CURRENT LIABILITIES
PKR
(650,000,000)
(65O, OOO,OOO)
CURRENT LIABILITIES
PKR
(1,ZS8,3O?i.847)
(1 ,1 13, Z33,947)
NET ASSETS
PKR
3,615,441 ,534
5,740,513,434
NofceofEOGM 4 Ghani GhemWorld Limited
Rep'resented by:
Pra-Right lasue
Post-R/s^‹ Isaue
Issued, subscribed and paid up share capital
PKR
2,501,439,500
2,626,511,400
Merger Reserve
PKR
943,739,525
943,739,525
Accumulated profit
PKR
170,262,509
170,262,509
3,615,441,534
3,740,513,434
Important Ratios
Book Value
PKR/Share
14.45
14.45
Current Ratio
times
0.82
0.91
Debt-Equity Ratio
times
0.52
0.47
Financial highlights of issuer since inception (Jvly 31, 2024):
December 3.1, 2025
June 30, 2025
PKR
PKR
ASSETS
NON COUNT ASSETS
Propwty. plant and cqiujyntnt
3.262,286,878
2,754,224,067
Inc-estnient
1,223,360,781
1,123,819,533
4.48S,647,659
3,878,043,600
CURRENT ASSETS
Stores, spares and loose tools
39.017,178
1,616,055
Stock-in-trade
543,849,107
512,138,691
Loans and advanced
311,166,593
255,S 19,585
Deposits. prepnyments arid odder reeeii ables
2,454,111
25,289,756
Tax rcfiuids due firm the Crovenunent
53,624,800
10,206,793
Advance income tax
92,973
161
Cash and back balances
66,904,060
685,694
1,018,099,722
805,456,735
TOTAL ASSETS
EQUITY AND LIABILITIES
Share eapitnl and i esrin'es
5,503.747/81
........ .
4,685,500,335
Authorized el»ire ceJ›ital
3,600,000,000
Issued. subscri1›ed aiuJ paicl tip slinre capital
2.501,430,500
2,501,439,500
Merger Reseiw e
943,739,S2S
943,739,S2S
Accumulated profit
170,262,509
75,387,663
3,615,441,534
3,S20,566,688
NON-CURRENT UABILITlES
Redeemable capital - Sukuk
CURRENT LIABILITIES
Current portion of Su1•M
Short tewn l›orrowings-secxuvd Trade aixl otlia payables Accrued ptofit
6S0,000,000
1S0,000,000
339.999,750
6GG.072.028
21,334,065
1,Z38,305,a47
750,000,000
50,000,000
341.300.771
21,632,876
42.2,9Z3,647
TOTAL EQUITY MW LIABILITIESNotice of EOGM 5
5.503,747,381GhaNOhemWoddLimited
The following resolUti0ns are pr0 0S9d t0 be passed as special resolutions, with 0f Without modifications, to seek the approval of the shareholders of the Company under section 58 & 83 of the Companies Act, 2017, Regulation 3 & 6 of the Companies (Further Issue of Shares) Regulations, 2020, and all other applicable laws, rules, and regulati0ns:
RESOLVED THAT, pursuant to the provisions of Sections 58 and 83 of the Companies Act, 2017, read w'ith the Companies (Further Issue of Shares) Regulations, 2020, and all other applicable laws, ruks and regulations, and subject to sush approvals as may be required, the approval of the shareholders be and is hereby accorded to authorize theBoard ofDirectors of the Company toissue Partially Redeemable Shares (PRS) byway o1rightissue to the existing shareholders of the Company onthefollowingterms:
Size and Ratio oT Issue
TheRightlssue shall be approximateIy0.506 of the existing paid-up capital, being 5 (five) Partially Redeemable Sharesforevery1,000 Ordinary Sharesheld by the shareholders as atthe entitlement date.
Terms and Conditions of PRS
Thedetailedterms and conditions of the Partially Redeemable Shares, as already approved by the shareholders and incorporated under Article 11(b) of the Articles of Association, shall remain applicable and are attached herewith as Annexure-A, forming an integral part of this resolution.
Summary of the Issue
Name of Security: Ghani ChemWorld Limited - Partially Redeemable Shares
Par Value: PKR 100 per share
Redeemable Portion: PKR 90 per share
Irredeemable Portion: PKR 10 per share
Issue Size: 1,250,719 shares
Issue Price: PKR 100 per share (Premium: Nil)
Total Issue Size: PKR125,071,900
FURTHER RESOLVED THAT, the Board of Directors be and is hereby authorized to:
Issue the PRS in one or more tranches, as it may deem appropriate;
Finalize the entitlement date, dispatch of offer letters, and all operational and procedural matters relating to the Right Issue;
Determine timing, structure, and manner of issuance in compliance with applicable laws;
FURTHER RESOLVED THAT, the Board of Directors be and is hereby expressly authorized and empowered to:
Amend, vary, modify, or revise the terms and c0hditl0flS 0f be Partially Redeemable Shares (PRS), ircIuâing but 80t limited to rights, c0nversi0r features, red5ITlptI0l1 terms, v0tlr rigLt5, 0f ant other attributes,
If required, advised, or directed by the Securities and Exchange C0mmissi0n 0f Pakistan (SECP), Pakistan St0Ck
Exchange (PSQ, 0r any other regulat0ry authority,
And t0 glue effect IO such changes without requiring further approval of the shareL0lders, to the extent permissible under applicable laws.
FURTHER RESOLVED THAT, in addition to the present Right Issue of PKR 125,071,90t0he, Board of Directors be and is hereby authorized:
To issue further Partially Redeemable Shares (PRS) from time to time, whether by way of right issue, b0nus issue, or Otherwise,
Up to the limit of the authorized share capital 0f PRS (currently PKR1,000,000,000 or as may be increased
from time t0 tiMe),
Notice ofEOGM 6 Ghani ChemWorld Limited
TO issue farther Partially Redeemable Shares (PRS) fF0m time t0 time, whether by way of rigs issue, b0nus issue, or otherwise,
Up to the limit of the auth0riZed share capital of PRS (currently PKR 1,000,000,000 or as may be increased
fr0m time to time),
0n such terms and conditl0hS, including pricing, ratio, timing, and structure, as may be determined by the Board in its discretion,
Subject to compliance with the Companies Act, 2017, Companies (Further Issue of Shares) Regulations, 2020,
and aRt Other applicable laws,
WITHOUT requiring further approval of shareholders, where such issuance is made strictly in accordance with
applicable laws governing right or bonus issues.
FURTHER RESOLVED THAT, the Chief Executive Officer and Company Secretary, jointly and/or severally, be and are hereby authorized to:
Complete all statulory, regulatory, and pr0cedural formalities;
File all necessary returns, applications, and disclosures;
Engage advisors, consultants, and legal counsel;
Take all actions necessary or incidental for implementation;
Execute all documents and filings;
FURTHER RESOLVED THAT, the Board of Directors and/or Authorized Persons ba and are hereby empowered to:
Make svcL amendments, m0dificati0ns, additl0hS, OF #9l9tl0fiS t0this Res0lutl0h, the terms 0f PRS, 0r any related d0cumentaton,
As may be required by any regulat0ry aath0rit/ or Jeem9d necessary for effective implementati00,
And all such actions shall be deemed valid and blnding Mg0fl thg C0mpany.
Notice of EOGM 7 GhaniChemWo%dLimited
""**"' Annexure ATerms and Conditions (as per Article 11(b) of The Articles ol Association)
Name oT the Security Ghani ChemWorld Limited - Partially Redeemable Shares
Security Type and Partially Redeemable Shares issued in accordance with:-Relevant Regulatory 1.Section 58 of th9 COMganies Act, 2017.
Provisions 2.The Companies (Further Issue of Shares) Regulations, 2020
Section 83 of the Companies Act, 2017.
All other enabling pr0Visions of the Securities /ct, 2015, the Companies Act, 2017,
and a licable laws, rules and re ulations.
Participation in Surplus Assets in Case of Liquidation
Dividend Rate
(PKR/share)
Redemption
s. Redemption Rate (PKR/share)
Conversion into Ordinary shares
Conversion Rate
Notice of EOGM
No participation unless c0nvert9d into Ordinary Shares upon the occurrence of a triggering event. Upon conversion, the new Ordinary Shares (issued in accordance with the applicable conversion ratio) shall rank pari passu with the existing Ordinary Shares.
As may be determined by the Board of Directors from time to time. An interim dividend may als0 be paid if declared by the B0ard of Direct0rs. Dividends on PRS shall not enjoy any priority over dividends payable on Ordinary Shares. They shall always remain subject to compliance with the Companies Act, 2017 and the Companies (Further Issue of Shares) Regulations, 2020.
Partially redeemable up t0 the Redeemable Porlion of PKR 90 per share.
Redemption of the Partially Redeemable Shares shall be by value only, out of their par/ nominal valUe, without reducing the number of shares in issue. R9demption may 0nIy be made if sufficient distributable profits, retained earnings or other permitted reserves are available, and shall be at such times, in such amounts and on such terms as the Board of Directors may decide in its discretion.
F0r each redempti08, tL9 0lTlgany shall transfer an amount equal to the nominal value redeemed to a Capital Red9ITIptI0r Reserve (CRR) 0r other non-distributable reserve. The CRR shall n0t be available for dividend and shall be preserved with the same restrictions as apply to paid-up share capital under the Companies Act, 2017 and the Companies (Further Issue of Shares) Regulations, 2020.
Conversi0n int0 Ordinary Shares of th9 C0mpany upon the Occurrence of specified triggering events.
Each Partially Redeemable Share shall, up0n the occurrence of a specified Triggering Event, automatically and without any further act convert into ten (10) fully paid Ordinary Shares of the Company or such higher number of Ordinary Shares as may be determined bt the B0ard of Direct0rs at its discreti0fl.
If, at the time of such conversion, the outstanding nominal value of any Partially Redeemable Share is less than the at regate n0Mlnal value 0f the Ordinary Shares t0 be issae‹l, the sh0FtfaII shall Le met Lt capitalizati0n 0f available reserves, including any
Capital Redemption Reserve, share premium, 0r 0tLer permitted reserves, in acc0rdance with the Companies Act, 2017 and the Companies (Further Issue of Shares) Regulations, 2020.
The conversion rati0 and adjustment mechanism shall apply anif0rmly ahd WItLOMt
discrimination t0 all h0lders of Partially Redeemable Shares.
Any 69CiSl0f1 of the Board 0f Directors to enhance the conversi0n ratio Let0fld tL9 minimum shall b9 Subject t0 COMpliarce with applicable law and, where required, approval of the holders of Partially Redeemable Shares and/or shareholders through the appr0priate rrsoIrtl0h(s), and shall thereafter be binding and availability of sufficient reserves.
8 Ghani ChemWorld Limited
Call 0§ti08 CâSL
Put 0ptl0n (Cash)
Par/Nominal Value (PKR/share)
Par/Nominal Value for Subsequent
Issues (PKR/share)
Issuance By Way 0f
Tenor
Instrument Rating
Cumulative/ Non-Cumulative
Voting Rights
Subsequent Issuance
N0t applicable. Net applicable.
PKR100, divided into: Redeemable Portion of PKR 90 per share and lrredeemable Portion of PKR10 per share.
Any subsequent issue of Partially Redeemable Shares shall be maple at a par/nominal value equal t0thg 08tstanding 00minal value per share 0f previ0u5ly issued PRS (i.e. th9 Original par value of PKR100 less any amount already redeemed).
If the Company resolves to issue PRS at a price higher than such outstanding nominal value, the excess shall be credited to Share Premium Accoum, to be maintained in accordance with the Companies Act, 2017 and the Companies (Further Issue of Shares) Regulations, 2020.
All subsequent issues shall be made on a unif0rm and non-discriminatory basis among shareholders of the same class, as required by law.
The right issue t0 existing sL3reL0lJers.
May also be issued otherwise, subject to requisite approvals.
The right issue to existing sLaraholders.
Perpetual unless zdeemed (with respect to the Redeemable Portion) and/or converted
into Ordinary Shares upon a triggering event.
Optional, if determined by the Board of Directors.
Dividends on Partially Redeemable Shares shall be non-cumulative, and any dividend not declared in a given year shall lapse with n0 right of carry-forward.
Each PRS Shall carry v0ting rights equivalent to one Ordinary Share, irrespective of the paid-up or Outstanding value.
Rights, privileges and Obligations shall otherwise be the same as those applicable to Ordinary Shareholders.
By way of R 8htIssue, Other than by Right (against cash or in-kind), or through Bonus Issue to shareholders (both Ordinary and PRS holders).
Subsequent Issuance
Price (PKR/share)
A share premium may be charged in addition to the outstanding par/nominal value, as determined by the Board 0f Directors.
Any Other Rights
Listing at PSX
Shari'ah Compliance
Issue Size (PKR)
Notice of EOGM
Holders of Partially Redeemable Shares shall be entitled to the following rights in addition to th0se expressly provided herein:
The right t0 participate in rights issues declared b} k9 C0mpant, wLetLer in the f0rm 0f shares 0f 0tLer securities.
The right t0 receive specie JiviJerJs, in whatever f0rm key may Le declared.
N0 9fltItleITIent t0 any cash dividend declared and paid exclusively t0 0r6inary SL3r9L0lders.
PRS shall be listed 0fi the Main B0ard 0f the Pakistan St0 k ExcLante.
Optional, if determined by the Board of Directors.
Up to the authorized share capital of the Company in numbers (as may be increased fr0m time t0tlMe) multiplied by the issue price (including any share premium), as decided by the Board OlDireCOC.
No further shareh0lder appr0val shall be required where the issuance is made by way of a Right Issue or Bonus Issue in accordance with applicable law.
9 Ghani ChemWorld Limited
Any issuance otherwise than by way of a Right Issue 0r Bonus Issue shall be subject to approval 0f tLe shareh0l6ers throagL special resoNtion and such approvals 0f the Commission as may be required under applicable law.
23.
Issue Size (Nos.)
Up to the authorized share capital of the Company, as decided by the Board of
Directors.
24.
Ranking/ Pri0rly
Rams in pri0rit/ over all 0tLrr classes 0f sLarzs. Let subordinate t0 â8y secured loan
(including loans secured by way of floating charge).
2s.
Triggering Events
26.
Meetings and ReSOlUtlOhS
Save as otherwise required under the Companies Act, 2017 and the Companies (Further Issue 0f Shares) RegulatiOOS, 2020, holders 0f Partially Redeemable Shares shall exercise their voting rights in accordance with applicable law.
Where any variation in rights attached to Partially Redeemable Shares is §F0§0Sed, approval of the holders of such shares shall be obtained in the manner prescribed under applicable law.
27.
Other Issuance
PRS may also be issued t0 Ordinary Shareh0lders by way 0T B0nas, if declared by the Board of Directors.
28.
Issuance Power
PRS shall be under the control of the Board of Directors, who may issue, allot, forfeit, surrender, rectify, 0r otherwise dispose of th9m t0 such persons, firms, or c0rporations on such terms and conditions and at such times as may be deemed fit, subject to the Companies Act, 2017, the Securities Act, 2015, and tL9 COmpanieS (Further Issue of Shares) Regulations, 2020.
29.
Authorized Gapital
(PRS)
Redemption and/or Conversion will not affect authorized capital related to PRS.
Winding up of the Company (C0mpuls0ry or voluntary).
Agg0Intment of a receiver, administrator, or equivalent Over any part 0f th9 C0mpany's assets.
The Company's inability to pay its indebtedness as it falls due.
RedUCti0n of par/n0MlnaI value per share t0the irredeemable portion (PKR10).
Approval through special resolution by shareh0lders (including PRS holders) in a general meeting to convert PRS into Ordinary Shares at the conversion rate.
The proiected working capital requirements and financial estimates have been prepared by the management on a best-estimate basis, considering current operational plans and market conditions. Actual results may vary due to changes in market dynamics, business environment, or other factors beyond the control of the management.
Interest of Directors
The Directors of the Company have no direct 0r indirect interest in the proposed special business, except to the extent of their shareholding in the Company, if any.
NotceoTEOGM 10 Ghani ChemWorld Limited
F
3 GHANI CHE MW0,gLD tj,M,|TtD
Notice is hereby given that Extra Ordinary General Meeting (EOGM) of the members of GHANI CHEMWORLD LIMITED (the Company/GCWL) will be held on Saturday, May 02, 2026 at 10:30
a.m. at registered office of the Company i.e. 10-N, Model Town, Extension, Lahore to transact the following business:
SPECIAL BUS ESS
To consider, and if deemed appropl1ate, approve the issuance of additional capital by way of 1,250,719 Partially Redeemable Shares (PRS) of Rs. 100/- per PRS, to the shareholders of the Company through a right issue ,by passing the special resolution with or without modifications under sectio.n 58 and 83 of the Companies Act, 2017, as annexed with a statement under section 134(3) of the Companies Act, 2017 (being dispatched tothe share holders).
By order ol the Board
Place: Lahore
Dated: April 08, 2026
0t9S
OOK CLOSURE:
FMRZAND ALI
Company Secretary
The share transfer books of the Company will remain closed, and no Sansfers of shares wi›Il be accepted for registration from Aprll 24, 2026 to April 30, 2026 (Oath days inclusive). Transfer received in o.rder at the office of the sharereg›istrar
M/S DIGITAL GUSTODIAN COMPANY LIMITED
4-F, P'ERDESI HOUSE, OLD QUEEN'S ROAD, KARAGHI, PAKISTAN
PHONE: +92 21 32419770, EMAIL: share.registrar@d›igitaIcustodian.co
at the close of busi›ness on April 23, 2026, will be considered in time for attendance at the EOGM.
ATTEITDAN E AT THE MEETIN
A member entitled to attend, speak, and vote at the EOGM is entitled to ap›point a p‹raxy to attend, speak, and vote ontheir behalf.
Proxies, to be effective, must be p!roperIy signed, completed, witnessed, and submitted at thee registered office of the Company along with attested copies of a val›id Co.mputerized National Identity Card (CNIC) or passport, atleast48 hours prior to the meeting.
CDC account holders must follow the guidelines outl.incd in Circular No. 1 dated 26 Jan›uary 20›00
issued by the SECP for attending the meeting.
Attendance atthe meeting shal›Ibe upon presentation ofthe orig›inal CNIC orpassport.
The Securities and Exchange Commission of Pakistan (SECP) has advised, via circular No 4 of 2021 dated 15 February 2021, to facilitate the participation of members through electronic means. Members can amend the EOGM via Video Link To participate in the meeting via Video Lin.k, members and their proxies are requested to register by providing the following info‹matio‹n Yia emall ate mby 29April2026.
Fulil Name CNIG NumbaF Email
Address
Video link details and login credentials will bo shared with those members whose reg›istered emails containing alatthe particulars are received on or before 29 April 2026.
Shareholders can also subm.it their comments and queslJons regarding the EOGM agenda items
athe Uma address e hani
POSTA E-VOTIN
In accordance with the Companies (Postal Ballot) Resolutions, 2018 ("the Regulations'), the members of the Gompany haYe the right to vote yia electronic Yoting and/or postal voting, own Sp.ecial Business at the upcoming EOGM, subject to the requirements and conditions set out inthee stated Regulations.
Tfie Board of Directo.rs of the Company has appointed Mls. Digital Custodian Co.mpany Limited, as the Service Provider and M/s. Nasir Jamil & Go. Chartered Accountants, as Scrutinizer for the e-voting process under the Co.mpanies (Postal Balilot) Regulations, 2018 (the Regulations), to vote via electronic votin0 and postd voting for agenda item of the meeting. Both the a.bove (Service Provider & Scrutinizes) frlfil all the eligibility criteria as laid down by the Regulations and have the necessary knowledge and experience
GENERAL:
Members holding shares in physicd form are requested to promptly notify Company's share registrar, M/S Digital Custodian Company Limited, of any change in their postal/email addresses. Members maintaining their shares in CDS should have their address/e-mail addresses updated with their relevant Participant/GDC account services. For any query/problem/infomation, the investors may contact Gompany Secretary a + 92 42 35161424-5, e-mail address corpo.rate@ghan‹igIobaLcom orM/S Digital Custodian Company Limited, 4-F, Pardesi House, 0Id Queen's Road, Karachi, email address info@digitdcustodian.co
corporate@ghaniglobal.com v ! l‹+92