Karachi, Ghandhara Industries Limited’s Board of Directors has approved the transfer and classification of PKR 1.5 billion from unappropriated profits to a separate capital reserve. This move aims to strengthen the company’s capital expenditure strateg…
Karachi, HBL Asset Management Limited, with approval from the Chief Executive Officer and the Board of Directors, has declared an interim distribution for HBL Islamic Money Market Fund. The per unit cash dividend stands at Pak Rupees 0.0564, equivalent…
Karachi, In compliance with rule 5.6. l (d) of the Rule Book of Pakistan Stock Exchange Limited, Nadeem Textile Mills Limited (NATM) has reported significant share transactions related to the merger with Nadeem Power Generation (Pvt.) Ltd. Among the no…
Karachi, Bhanero Textile Mills Limited is pleased to announce that 40,964 securities of the company have been successfully credited into respective accounts in the Central Depository System at the end of the day on July 20, 2023, in accordance with the…
Karachi, MCB Arif Habib Savings and Investments Limited, the management company of PAKISTAN CASH MANAGEMENT FUND (PCF), has received approval from the Board of Directors for the daily distribution payout.According to the announcement, a dividend of Re….
Karachi, Ghandhara Automobiles Limited, in a recent Board of Directors meeting held on July 21, 2023, at Karachi, has successfully approved the Annual Budget for the company’s fiscal year ending June 30, 2024.The approval of the Annual Budget signifies…
Karachi, In a recent meeting held on July 19, 2023, the Board of Directors of United Bank Limited (UBL) recommended a Second Interim cash dividend at an impressive rate of Rs. 11/- per share, equivalent to 110% for the year 2023.To determine the entitl…
Karachi, Arif Habib Limited is pleased to announce a fresh Public Announcement of Intention by Shanghai Electric Power Company Limited to acquire up to 18,335,542,678 ordinary shares of K-Electric Limited, representing 66.40% of the total issued share …
Karachi, First IBL Modaraba has announced the appointment of Muhammad Ibrahim Qazi as its new Chief Executive, effective from July 21, 2023. He will be replacing Aamir Manzoor in this role. The change in leadership aims to bring fresh perspectives and …
Karachi, AKD Investment Management Limited is pleased to announce the approval of a daily distribution for AKD Islamic Daily Dividend Fund (AKDIDDF). The dividend amounts to Re. 0.02442 per unit and will be paid to unit holders whose names appeared in …
Karachi, JS Bank Limited has announced its decision to exercise the Call Option in full for the JSBLTFC-11 Term Finance Certificates (TFCs) issued on December 29, 2017. The redemption date is set for August 04, 2023, on which the bank will redeem the e…
Karachi, Al Meezan Investment Management Limited has announced the successful completion of the rebalancing process for the Meezan Pakistan Exchange Traded Fund (MZNPETF). This development follows the company’s letter dated July 21, 2023, and is in acc…
