Auto Parts Giant Eyes Rs. 1.5 Billion Boost for Expansion
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.
💡
Key Insight
A rights issue allows existing shareholders to buy additional shares in the company, usually at a discount.
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.