Month: July 2024

K-Electric Announces Changes in Indirect Shareholding Structure

Karachi: K-Electric Limited has disclosed significant changes in its indirect shareholding structure, as communicated in a recent disclosure form filed with the Pakistan Stock Exchange (PSX) on July 8, 2024.

According to information available from t…

Salman Ahmed Khan Resigns from Aisha Steel Mills Board

Karachi: Aisha Steel Mills Limited has announced the resignation of Mr. Salman Ahmed Khan from its Board of Directors, effective July 5, 2024.

The company disclosed the departure in a brief statement, noting that Mr. Khan’s resignation was formalize…

Pakistan Stock Exchange Sets Auction Dates for GOP Ijarah Sukuk

Karachi: The Pakistan Stock Exchange Limited (PSX) has announced the upcoming auction for the sale of Government of Pakistan (GoP) Ijarah Sukuk (GIS), scheduled for July 25, 2024, as part of its Auction Target Calendar for July 2024.

According to in…

JSK Securities Limited Converts to Trading Only Category

Karachi: As of 8 July 2024, M/s. JSK Securities Limited has officially transitioned to a Trading Only Securities Broker, conforming to the stipulations of Regulation 5A of the Securities Brokers (Licensing and Operations) Regulations, 2016.

This cha…

Alfalah Consumer Index ETF Begins Portfolio Rebalancing

Karachi: The Alfalah Consumer Index ETF (ACIETF) has commenced the reallocation of its portfolio following a recent rebalancing of the underlying index on June 28, 2024.

This adjustment is in line with Section 96 of the Securities Act, 2015, Clause …