Karachi: First Capital Equities Limited has announced ongoing negotiations with secured creditors and financial institutions to settle its overdue financial obligations under favorable terms. This development follows a letter from the Pakistan Stock Exchange (PSX) dated April 7, 2025.

The company, in its progress report dated April 9, 2025, revealed its intention to explore various strategic options as part of its future business plan, which includes potential real estate projects. These plans are contingent upon successful negotiations and settlements with its financial institutions.

According to information available from the Pakistan Stock Exchange (PSX), First Capital Equities Limited is committed to updating the PSX and making necessary disclosures to comply with legal and regulatory obligations in a timely manner.

First Capital Equities Limited operates within the designated market category of the Pakistan Stock Exchange, with an emphasis on maintaining transparency and adherence to regulations. The company has expressed its readiness to implement revised business strategies once the financial settlements are achieved.