Automotive parts manufacturer Loads Limited has notified the Pakistan Stock Exchange of its plan to raise Rs 1.5 billion through a “rights issue” of shares. The new shares will be offered at a price not exceeding Rs. 12.5 each.
The announcement was made following a board of directors meeting held on October 23, 2025.
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Key Insight
A rights issue allows existing shareholders to buy additional shares in the company, usually at a discount.
The company stated that the funds raised through the rights issue will be used to support its working capital needs. These funds will help meet the growing demand for its products, both in local markets and abroad, and will finance the company’s expansion efforts.
The rights issue indicates that Loads Limited is aiming to grow in the market. This is a positive sign for the local automotive sector, as it could help boost the industry and benefit other automotive assemblers in the country.
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