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WAVESAPP · Waves Home Appliances Limited

Auditors Certificate and request for issuance of No Objection Certificate for release of Rights Shares subscription money

Filed
8 October 2026 at 12:32 pm
Category
Actions
Sentiment
Good
Impact
High

AI executive summary

Waves Home Appliances Limited has announced the successful full subscription of its 150,015,772 right shares, raising PKR 1,500,157,720. The company has requested the PSX to issue a No Objection Certificate (NOC) for the release of subscription money from the Banker to the Issue, supported by an auditor's certificate from Rizwan & Company.

Key takeaways

  • 150,015,772 right shares fully subscribed
  • Total subscription money raised is PKR 1,500,157,720
  • Auditor's certificate confirming receipt of subscription money attached
  • Request submitted to PSX for NOC to release funds
  • #rightshares
  • #noc
  • #subscription
  • #capital

This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.