Lahore: Cordoba Logistics and Ventures Limited has announced a significant milestone in their operational expansion with the recent approval from the Securities and Exchange Commission of Pakistan (SECP). On February 14, 2025, the company disclosed that it has received a “Permission Order” from the SECP, allowing it to establish a new Non-Banking Finance Company named Cordoba PE Management Limited. This new entity will focus on Private Equity and Venture Capital Fund Management Services, marking a strategic enhancement of Cordoba’s market offerings.

According to the disclosure, Cordoba PE Management Limited will operate under strict regulatory compliance as mandated by the Permission Order and applicable laws. This development is viewed as a crucial step for Cordoba Logistics and Ventures Limited as it diversifies its portfolio into the finance sector. The company’s registered office is located at Office No. 420, 4th Floor, Eden Tower, Main Boulevard, Gulberg III, Lahore.

The announcement was made as part of a disclosure of material information pursuant to Section 96 of the Securities Act, 2015, in conjunction with Clause 5.6.1 of the PSX Regulations. This move is expected to enhance Cordoba’s position in the designated market category of finance and investment.

According to information available from the Pakistan Stock Exchange (PSX), Cordoba Logistics and Ventures Limited has assured that all TRE Certificate Holders of the Exchange have been duly informed about this development. The company, under the stewardship of Company Secretary Mr. Syed Ali Jawwad Jafri, can be contacted at +92 42 3579 0290-92 for further information regarding this strategic initiative.

This approval comes as a part of Cordoba’s broader strategy to leverage emerging opportunities in the financial sector, potentially driving growth and offering new investment avenues for its stakeholders.