Zarea plans Rs3bn rights issue to repay Sukuk, expand agri business
A Rs3 billion rights issue priced at a 29.30% discount to the market will fund the repayment of a Rs2bn short-term Sukuk and expansion of the agri-commodity trading business of Zarea Limited.
November 02, 2026 (MLN): A Rs3 billion rights issue priced at a 29.30% discount to the market will fund the repayment of a Rs2bn short-term Sukuk and expansion of the agri-commodity trading business of Zarea Limited. The board approved the issue on October 30, 2026, and the draft offer document was placed on the company and PSX websites on November 2, 2026. Public comments are not sought. The company will issue 120...