Karachi: International Industries Limited (IIL), the largest manufacturer and exporter of steel and polymer pipes in Pakistan, has announced the establishment of a new subsidiary, “INIL Europe Limited,” in Ireland. This strategic move is part of the c…
Lahore: Hala Enterprises Limited has announced a new contract with Beacon Energy (Pvt) Ltd for the installation of a solar photovoltaic system, marking a significant development in renewable energy projects within the region. The agreement entails the…
Karachi: Engro Powergen Qadirpur Limited has announced the resignation of its Chief Executive Officer, Ms. Semeen Akhter, effective June 5, 2025. The company has conveyed this development to the relevant stakeholders, including the TREC Holders of the…
Karachi: Saif Textile Mills Limited has announced a forthcoming change in its leadership, as current Chief Executive Officer Sohail Hussain Hydari is set to resign from his position. According to the company’s official communication, Hydari will conti…
Karachi: IGI Holdings Limited has announced the electronic credit of its final cash dividend for the fiscal year ending December 31, 2024. The dividend, set at Rs.4 per share, representing a 40% payout, has been deposited directly into the bank accoun…
Karachi: Power Cement Limited has successfully converted 60.73 million voting, cumulative, convertible preference shares into 80.97 million ordinary shares, in a process aligning with the provisions outlined in the company’s Articles of Association an…
Karachi: Dewan Mushtaq Textile Mills Limited (DMTM) has reported an unusual movement in its share price, despite the company’s operations being suspended since July 2016 due to ongoing litigation, adverse conditions, and working capital constraints. T…
Karachi: The Pakistan National Shipping Corporation (PNSC) has announced a significant change in its executive leadership, with Syed Jarar Haider Kazmi stepping down from his role as Chief Financial Officer to take over as the Chief Executive Officer …
Karachi: In a noteworthy development for the Trust Modaraba, Mr. Faisal Abdul Sattar Pakhali has executed significant transactions in the certificates of the entity. These transactions were disclosed in a recent announcement, shedding light on Mr. Pak…
Karachi: GlaxoSmithKline Pakistan Limited has announced the successful credit of its final cash dividend for the fiscal year ending December 31, 2024, marking a significant financial event for its shareholders. The company confirmed that the dividend,…
Karachi: ABL Funds has announced an interim cash dividend for ABL SSP – Plan II for the fiscal year 2024-2025. The dividend is set at Rs. 0.0075 per share, translating to a 0.075% return for shareholders.
The interim dividend was credited electronic…
Karachi: The Board of Directors of Siddiqsons Tin Plate Limited, in a meeting held today, announced the appointment of M/s Muniff Ziauddin & Co., Chartered Accountants, as the new auditors of the Company. This decision comes in response to the require…
