Baladna's capital to increase to QR 2.68 billion through rights issue

Doha: Baladna Q.P.S.C., Qatar’s largest dairy and beverage company, has announced that its shareholders have approved the resumption of the company’s capital increase through a rights issue during the Extraordinary General Assembly (EGA) held on 22 July 2026.

The approval follows an earlier EGA decision authorising the capital increase and includes the revised value of the increase along with the updated number of shares to be offered.

Capital Increase Details

Under the resolution approved by shareholders, Baladna’s share capital will increase from QR 2,143,984,962 to QR 2,679,981,202 through the issuance of 535,996,240 new ordinary shares via a rights issue.

The new shares represent 25% of the company's current paid-up capital.

Rights Issue Eligibility

The subscription rights will be allocated to shareholders who are registered in the company's shareholder register with EDAA at the close of trading on 27 July 2026.

The issue price has been set at QAR 1.01 per share, comprising:

• QAR 1.00 nominal value per share

• QAR 0.01 premium/issuance expenses

Purpose of the Rights Issue

Baladna stated that the capital increase is aimed at supporting its medium- and long-term growth strategy, including:

• Expanding business operations within Qatar

• Exploring potential dairy and agricultural investment opportunities in Syria

• Strengthening the company's future growth plans

The company will continue coordinating with the Qatar Stock Exchange (QSE), EDAA, the Ministry of Commerce and Industry, the Qatar Financial Markets Authority (QFMA), and other relevant regulatory authorities to complete the required procedures.

Important Rights Issue Timeline

Record Date
27 July 2026
Shareholders registered with EDAA at the close of trading on this date will receive Subscription Rights.

Rights Trading Period
28 July – 03 August 2026
During this period, Subscription Rights can be bought and sold on the Qatar Stock Exchange.

Subscription Period
04 August – 17 August 2026 (until 1:00 PM Doha time)
Eligible holders of Subscription Rights may subscribe for the new shares during this period.

Shareholders Advised to Review Prospectus

Baladna has encouraged all eligible shareholders and holders of Subscription Rights to carefully review the approved prospectus and official disclosures before making any investment decisions regarding the rights issue.