Day: January 31, 2025

SECP Halts Mughal Iron and Steel’s Controversial Share Issuance

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has intervened to halt Mughal Iron and Steel Industries Limited’s proposed issuance of 50 million unlisted Class C ordinary shares, citing concerns over corporate governance and mino…

Syed Faraz Equities Expands with New Lahore Branch

Lahore: M/s. Syed Faraz Equities (Private) Limited, a prominent Trading Right Entitlement Certificate (TREC) Holder of the Pakistan Stock Exchange, has announced the opening of a new branch office in Lahore. This expansion marks a significant step for…

Dermagen Pharma Faces Legal Action Following Show Cause Notice

Karachi: Mis. Dermagen Pharma Pakistan (Pvt.) Limited is currently facing legal proceedings following the issuance of a show cause notice numbered SCN NO./AO-LHR/4361, dated April 29, 2024. The notice was issued in accordance with section 233 of the C…