Category: Elections / Appointments

Mirpurkhas Sugar Mills Announces Rights Issue Schedule

Karachi, Mirpurkhas Sugar Mills Limited (MIRKS R) has announced the schedule for its upcoming rights issue, according to a recent notification to the Pakistan Stock Exchange. The rights trading will commence on April 8, 2024, and will last until April…

Allawasaya Textiles and Finishing Mills Ltd Announces Rights Issue

Karachi, Allawasaya Textiles and Finishing Mills Ltd has announced a rights issue of 25%. This move is intended to enhance the company’s capital base by offering existing shareholders the opportunity to purchase additional shares at a predefined rate …

Jahangir Siddiqui & Co to Issue Preference Right Shares

Karachi, Jahangir Siddiqui & Co will issue preference right shares at a rate of 15%, according to information available from the Pakistan Stock Exchange (PSX). The issuance is designed to provide additional capital for the company’s strategic init…

Bank Makramah Limited Proposes Substantial Rights Issues

Karachi, Bank Makramah Limited, formerly known as Summit Bank Limited, has disclosed its plans for two separate rights issues to its shareholders. The first rights issue is set at 65%, and a subsequent issue has been proposed at 11.2443%. These initia…

Meta Tech Health Limited Plans a Major Rights Issue

Karachi, In an unprecedented move, Meta Tech Health Limited has announced a rights issue of 550%. This significant percentage indicates an aggressive strategy to amplify the company’s funding base through shareholder contributions. The announcement ca…

Synthetic & Rayon Sector Experiences Index Decline

Karachi, Today, the Synthetic & Rayon sector saw a decline in its market index by 241.82 points, setting at 88,764.02. It holds a market capitalization of Rs. 153,702,786,823, accounting for 1.544% of the total market capitalization, with a turnov…

Property Sector Notes Minor Index Decrease

Karachi, The property sector noted a slight decline in its index by 2.990 points, now at 7,747.450. The sector boasts a substantial market capitalization of Rs. 21,748,930,290, with a high turnover of 5,187,285 and traded values reaching Rs. 41,130,03…

Cable and Electrical Goods Sector Experiences Market Dip

Karachi, Today, the Cable & Electrical Goods sector reported a decline in its market index by 375.92 points, closing at 16,026.76. The sector’s market capitalization is Rs. 36,751,463,301, constituting 0.369% of the total market capitalization, wi…

Textile Weaving Sector Observes Minor Index Drop

Karachi, The Textile Weaving sector reported a slight decrease in its market index by 9 points, closing at 2,177.25. The sector’s market capitalization is relatively small at Rs. 3,206,452,258, contributing only 0.032% to the total market capitalizati…

Glass and Ceramics Sector Experiences Significant Index Drop

Karachi, The glass and ceramics sector faced a steep decline in its index, down by 3,612,280.670 points, to 489,166,416.280. With a market capitalization of Rs. 63,753,059,033, the sector saw a turnover of 7,836,481 and traded values reaching Rs. 208,…