Day: June 19, 2026

PACRA Declines Additional Stake in Tasdeeq Information Services

Lahore: The Pakistan Credit Rating Agency Limited (PACRA) has announced its decision not to subscribe to the Right Issue offered by Tasdeeq Information Services Limited (TISL), potentially decreasing its equity stake from 12.84% to 10.81%.

In a meet…

Pakgen Limited Transitions with New Name and Business Strategy

Lahore: Pakgen Limited, formerly known as Pakgen Power Limited, has officially changed its name and principal line of business following approval from the Securities and Exchange Commission of Pakistan (SECP). The announcement, dated June 19, 2026, ma…