Month: August 2024

UNUSUAL MOVEMENT IN PHDL SHARES PROMPTS REGULATORY INQUIRY

Karachi: Pakistan Stock Exchange (PSX) has officially requested Pakistan Hotels Developers Limited (PHDL) to explain significant fluctuations in its share prices, reflecting the rigorous enforcement of market transparency rules. The query, issued unde…

PSX Queries Kohinoor Industries on Unusual Share Volume Movements

Karachi: The Pakistan Stock Exchange (PSX) has issued a formal inquiry to Kohinoor Industries Limited (KOIL) regarding an unexpected surge in the trading volume of its shares, as announced on August 21, 2024. This notice, following Section 97 of the S…

Bawany Air Products Responds to Unusual Share Price Movement

Karachi: Bawany Air Products Limited (“BAPL”) has officially responded to inquiries regarding recent unusual movements in its share price. According to information available from the Pakistan Stock Exchange (PSX), the response was issued following a q…

TRADING SUSPENSION CONTINUES FOR NIRALA MSR FOODS LIMITED SHARES

Karachi: Trading in the shares of Nirala MSR Foods Limited will continue to be suspended for an additional 60 days starting August 22, 2024, as the company has failed to address regulatory non-compliances. This decision, announced by the Pakistan Stoc…

Sakrand Sugar Mills Appoints New Head of Internal Audit

Karachi: Sakrand Sugar Mills Limited has announced the appointment of Mr. Syed Arif Ali Kazmi as the new Head of Internal Audit, effective August 19, 2024. He succeeds Mr. Muhammad Sharafat Ali in this crucial oversight role.

The appointment marks a…