Baladna has completed its capital increase through a rights issue, boosting its paid-up share capital by 25% to QR2.67bn following the successful listing and trading of its new shares on the Qatar Stock Exchange (QSE).
The company’s issued and paid-up share capital rose from QR2.14bn, distributed over 2.67bn shares. The transaction marks one of the largest capital increases completed under the Offering, Listing, and Mergers and Acquisitions Rules issued by the Qatar Financial Markets Authority in December 2025.
The issuance comprised the offering of 535.99mn new shares to existing shareholders on a one-for-four basis at a subscription price of QR1.01 per share, with the window closing on August 17, 2026.
The process concluded with the full sale of 120.50mn unsubscribed shares at the start of the trading session, resulting in 100% coverage of the new shares offered.
To mark the completion of the transaction, the QSE hosted a Ring the Bell ceremony yesterday attended by senior officials and representatives of the executive management teams of both organisations.
Moutaz al-Khayyat, chairman of Baladna, said: "The successful completion of this capital increase marks an important milestone in Baladna’s growth journey and reflects the strong confidence our shareholders place in our strategy and future plans.
"This additional capital will allow us to accelerate the execution of our expansion plans, strengthen our production capacity, and reinforce our presence in regional and international markets, further advancing our contribution to sustainable food security.”
Al-Khayyat noted that the full sale of the remaining shares reflected strong investor demand, with the company’s share price closing the trading session up 1.51% at QR1.28, confirming the completion of the issuance.
He extended appreciation to shareholders, the QSE, the QFMA, and Edaa (Qatar Central Securities Depository) for their collaboration in delivering the transaction.
QSE CEO Abdulla Mohammed al-Ansari said, "The completion of the listing of Baladna’s capital increase shares represents an important milestone and underscores the pivotal role QSE plays in enabling listed companies to access the capital markets and benefit from a diverse range of financing solutions that support their growth and expansion plans.
"The successful execution of this transaction also demonstrates the efficiency of coordination and collaboration among the regulatory authorities, market infrastructure institutions and market participants involved.”
Al-Ansari added that QSE remains committed to developing an integrated market ecosystem enabling companies to capitalise on market tools, supporting private-sector growth and Qatar’s economic development objectives.
The transaction aligns with Baladna’s strategy to strengthen its capital base and diversify financing sources in support of regional and international growth, while reflecting QSE’s commitment to broadening financing solutions for listed entities.