Karachi: The Securities and Exchange Commission of Pakistan (SECP) has issued a significant directive, marking a pivotal step towards transparency and accessibility within the financial sector. Through Directive No. 2 of 2025, the SECP has mandated th…
Karachi: The National Clearing Company of Pakistan Limited (NCCPL) has announced the collection of Capital Gain Tax (CGT) from Clearing Members and Asset Management Companies for transactions conducted at the Pakistan Stock Exchange (PSX) during Decem…
Karachi: In a significant leadership transition, Din Textile Mills Limited has announced the appointment of Shaikh Muhammad Tanveer as the new Chief Executive Officer, effective from January 22, 2025. This announcement follows the departure of the for…
Karachi: BankIslami Pakistan Limited has announced the suspension of trading in its Sukuk, identified by the symbol [BIPLSC2], due to scheduled book closure for profit payment. The book closure is set from January 30, 2025, to January 31, 2025. Conseq…
Lahore: Colony Textile Mills Limited has announced the closure of its Weaving Division, effective from January 31, 2025, as the company grapples with multiple prevailing challenges. This disclosure was made in compliance with Sections 96 and 131 of th…
Karachi: BankIslami Pakistan Limited has announced a temporary suspension in the trading of its Sukuk, designated as [BIPLSC], due to scheduled profit payments. The book closure dates for this process are set from January 30, 2025, to January 31, 2025…
Karachi: Faran Sugar Mills Limited has announced the successful crediting of its Right Shares into the Central Depository System (CDS) accounts. As of January 23, 2025, shareholders of the company have had their respective accounts or sub-accounts mai…
Karachi: The Pakistan Stock Exchange (PSX) has completed its quarterly review of futures eligible securities, aimed at refining the list of securities available for trading in the Deliverable Futures Contract (DFC) market. This review, conducted in co…
Karachi: The Pakistan Stock Exchange (PSX) has announced an extension in the suspension of trading for M/s Security Leasing Corporation Limited’s shares following continued non-compliance with regulatory requirements. According to the latest notice, t…
Karachi: The Pakistan Stock Exchange (PSX) has announced an extended suspension of trading in the shares of M/s. Schon Textiles Limited due to ongoing non-compliance with regulatory requirements. This decision, outlined in PSX Notice No. PSX/N-1119 da…
Karachi: Dadabhoy Construction Technology Limited (DCTL), currently listed in the Non-Compliant Segment of the Pakistan Stock Exchange (PSX) due to several regulatory breaches, has made progress in addressing some of its compliance issues. According t…
Karachi: In a decisive move to enforce regulatory compliance, the Pakistan Stock Exchange (PSX) has announced the suspension of trading in the shares of six companies, effective from January 25, 2025. This follows PSX Notice No. PSX/N-1120 dated Novem…
