Karachi: Dawood Equities Limited has been granted a significant license by the Securities & Exchange Commission of Pakistan (SECP) to operate as a Consultant to the Issue. This development, disclosed on August 5, 2025, allows the company to engage in activities under the Public Offering (Regulated Securities Activities Licensing) Regulation 2017. The authorization is in accordance with Section 96 and 131 of the Securities Act, 2015, as well as Clause 5.6.1(a) of the Pakistan Stock Exchange (PSX) Regulations.

The formal disclosure, provided in compliance with the aforementioned sections of the Securities Act, was made available alongside the company's schedule disclosure form. This form highlights the approval from SECP for Dawood Equities Limited to execute its newly acquired role.

The news of the license acquisition places Dawood Equities Limited in a position to expand its operations within the designated market category of public offerings. According to information available from the Pakistan Stock Exchange (PSX), this development is anticipated to impact the company's activities in the market significantly.

Dawood Equities Limited's move to secure this license underscores its strategic efforts to enhance its market presence and service offerings within Pakistan's financial sector. The company’s new capacity as a Consultant to the Issue is seen as a pivotal step in its growth trajectory, aligning with regulatory compliance and market demands.