Category: Stock Exchange Announcements

United Bank Limited Announces New CFO Appointment

Karachi: United Bank Limited (UBL) has officially announced a key executive change within its leadership structure. Syed Manzoor Hussain Zaidi has been appointed as the new Chief Financial Officer (CFO), effective from 1 August 2024. This strategic ap…

Alfalah Islamic Fund Announces Daily Dividend Distribution

Karachi: A dividend of Re. 0.0001 per unit will be paid to unit holders of the Alfalah Islamic Rozana Amdani Fund (AIRAF), as announced by the Chief Executive on behalf of the Board of Directors of Alfalah Asset Management Limited. This dividend distr…

ABL Funds Credits Interim Cash Dividend to Shareholders

Karachi: ABL Funds has successfully distributed an interim cash dividend for the year ending September 13, 2024, to its shareholders. The dividend, calculated at Rs. 0.0181 per share, which translates to a yield of 0.181%, was credited electronically …

Paramount Investments Announces Director Resignation

Karachi: Mr. Pir Muhammad Kaliya has resigned from his position as Director of First Paramount Modaraba, effective July 30, 2024.

The announcement marks a significant change in the leadership of First Paramount Modaraba. Mr. Kaliya’s departure from …

UNUSUAL PRICE MOVEMENT IN SALLY TEXTILE MILLS LIMITED SHARES

Karachi: In a recent event, the shares of Sally Textile Mills Limited witnessed a substantial movement in price.

According to information available from the Pakistan Stock Exchange (PSX), Sally Textile Mills Limited experienced an unusual movement i…

Resignation of Director at Hascol Petroleum Limited

Karachi: Mr. Abdul Aziz Khalid has resigned as a director from the Board of Hascol Petroleum Limited effective 01 August 2024.

Mr. Abdul Aziz Khalid, a long-serving member of the board, submitted his resignation on August 1, 2024. The company has co…

Mahaana Islamic Index ETF Completes Portfolio Rebalancing

Karachi: The Mahaana Islamic Index Exchange Traded Fund (MIIETF) has successfully concluded its portfolio rebalancing, following the guidelines outlined in section 96 of the Securities Act, 2015, Clause 5.6.1(a) of the PSX Regulation, and the Offering…