Karachi: Ghani Global Holdings Limited has announced a significant development concerning its subsidiary, G3 REIT Management Limited. On October 7, 2026, the company disclosed that the Securities and Exchange Commission of Pakistan (SECP) has granted G3 REIT Management Limited a license to conduct REIT Management Services as a Non-Banking Finance Company. This license, a critical requirement under the Securities Act, 2015, will remain valid until October 1, 2029.

The newly acquired license marks a pivotal step for G3 REIT Management Limited, which had previously outlined in its Scheme of Arrangement that the license was under approval. With the SECP's confirmation, the company can now proceed with its operations without the uncertainty of pending regulatory approval.

According to information available from the Pakistan Stock Exchange (PSX), this development does not alter any other terms and conditions of the Scheme beyond the updated licensing status. G3 REIT Management Limited will now operate fully under the granted license, providing its services as a Non-Banking Finance Company.

The market category for this announcement falls under non-banking financial services, a sector that continues to gain traction in the financial landscape of Pakistan. As the company moves forward with its licensed operations, stakeholders and investors will closely watch its impact on the market and its performance in the coming years.