Credit/Delivery of right shares of Cherat Packaging Limited

Karachi: Cherat Packaging Limited informed Karachi Stock Exchange that right shares in respect of 7.50% right issue (R-4) of the company have been credited in the CDC accounts on December 23, 2015 and Physical Share Certificates are ready for delivery in exchange of paid letters of right from the share registrar during office hours at Central Depository Company of Pakistan Ltd, S.M.C.H.S., Main Shahrah-e-Faisal, Karachi.

Cherat Packaging Limited is a company incorporated in Pakistan. The foundations of the company are laid under the Companies Ordinance, 1984. The company was converted into a public limited company in the year 1989. The principal activity of the business is manufacturing, marketing and sale of paper sack and polypropylene bags. The commercial production of the company started on December 15, 1991. It is listed on Karachi and Lahore Stock Exchanges of Pakistan. The registered office of the company is situated at Peshawar.

The symbol “CPPL” is being used by the stock exchange for the shares of Cherat Packaging Limited.