Karachi: The Pakistan Stock Exchange (PSX) has announced that the suspension of trading in the shares of M/s. First National Bank Modaraba will remain in effect due to ongoing regulatory compliance issues. The exchange confirmed this development throu…
Karachi: Rafhan Maize Products Company Limited has received a firm intention from Cherat Cement Company Limited and Shirazi Investments (Pvt) Limited to acquire up to 6,991,052 voting shares, representing 75.69% of the company’s paid-up capital. This …
Karachi: A company’s management has announced an extension in the suspension of its production activities due to a continued decline in customer orders. This decision follows an earlier notice of temporary suspension initially scheduled from April 28,…
Karachi: JS Investments Limited has announced the completion of the rebalancing activity for its JS Momentum Factor Exchange Traded Fund (JSMFETF), a process undertaken in compliance with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of …
Karachi: Pakistan Reinsurance Company Limited announced that it has electronically credited the final cash dividend of Rs. 2 per share for the fiscal year ending December 31, 2024, into the designated bank accounts of its shareholders. The transaction…
Karachi: The Chief Executive Officer of MCB Investment Management Limited announced a daily dividend distribution for unit holders of the Alhamra Islamic Money Market Fund (ALHIMMF). The dividend, amounting to Re. 0.0244 per unit, is designated for th…
Lahore: In a series of transactions executed in early May, Ahmad Shafi, the Chief Executive Officer of Crescent Textile Mills Limited, significantly increased his stake in the company, according to disclosures mandated by PSX Regulation 5.6.4.
The c…
Lahore: Bilal Fibres Limited has announced a forthcoming Board of Directors meeting scheduled for May 16, 2025, as the company navigates an unusual movement in its share price. This development follows a correspondence with the Pakistan Stock Exchange…
Lahore: JDW Sugar Mills Limited has announced that its Board of Directors will convene on May 19, 2025, to assess the company’s half-yearly financial statements for the period ending March 31, 2025. The meeting is set to take place at 11:00 a.m. at th…
Lahore: Maple Leaf Cement Factory Limited has announced a notable acquisition of shares in Agritech Limited, marking a significant shift in its investment portfolio. This strategic move was disclosed in compliance with Sections 96 and 131 of the Secur…
Lahore: Ghazi Fabrics International Limited has announced an emergency meeting of its Board of Directors, scheduled for May 12, 2025. The meeting will convene at 1:00 p.m. at the company’s registered office, located at 8-C, Gulberg-III, Lahore. The ag…
Karachi: International Steels Limited has announced the successful completion and operational status of its 6.4 MW solar power project at its factory in Karachi. The announcement was made in compliance with Section 96 and 131 of the Securities Act, 20…
